EaseMyTrip.com, a leading online travel platform in India, reported a strong financial performance in Q3FY24, with a revenue of INR 1,607.9 million, an 18.1% YoY increase. EBITDA reached INR 653.7 million, a 10.9% YoY increase, and a Profit After Tax of INR 456.6 million, reflecting a 9.5% YoY growth. Gross Booking Revenue (GBR) for Q3FY24 stood at 20,260.7 million.
The company has been consistent in customizing its offerings to cater to the evolving needs of travelers, focusing on user-friendly website design, advanced search functionalities, and real-time updates to ensure customer satisfaction and a seamless booking experience.
For 9MFY24, the company’s Revenue from Operations was INR 4,265.3 million, EBITDA stood at INR 1,705.2 million, and the reported Profit After Tax was INR 1,188.6 million. The company also recorded a GBR of INR 64,226.0 million, further strengthening its market position. The total number of air bookings (net of cancellations) in Q3FY24 reached 22.6 Lacs, while hotel night bookings and other bookings reached 91,915 and 2.7 Lacs, respectively.
