EaseMyTrip.com continues its trajectory of success with a notable 9.5% increase in Profit After Tax (PAT) for Q3FY24, reaching INR 456.6 million. Demonstrating robust financial performance, the company achieved an 18.1% year-on-year surge in revenue, totaling INR 1,607.9 million, coupled with an EBITDA rise of 10.9% to INR 653.7 million.
In a strategic stride towards diversification, EaseMyTrip acquired a 13% stake in ECO Hotels and Resorts, expanding its portfolio beyond conventional travel services. Simultaneously, a landmark Memorandum of Understanding (MOU) was inked with the Government of Uttarakhand, aiming to bolster the state’s global tourism prominence.
Introducing innovative services such as EasyDarshan pilgrimage packages and “Explore Bharat – Discover the Soul of India” for international travelers, the company showcases its commitment to tailored customer experiences. Additionally, the launch of the exclusive EaseMyTrip Platinum, Gold, and Silver Cards caters to discerning High-Net-Worth Individuals (HNIs), enhancing luxury travel opportunities. Nishant Pitti, EaseMyTrip’s Co-founder and CEO, expressed satisfaction with the company’s profitability and strategic endeavors, emphasizing a steadfast commitment to sustained growth and customer-centricity.
