EaseMyTrip Sees Sharp 59% Sequential Drop In This autumn Net Profit, Revenue slips

New Delhi: Online go back and forth aggregator (OTA) EaseMyTrip has reported a pointy decline in its web benefit for the fourth quarter (This autumn) of FY25, as profits fell by way of over 59 according to cent quarter-on-quarter (QoQ) in comparison to the former quarter (Q3 FY25). Nishant Pitti-run corporate’s web benefit after tax (PAT) stood at Rs 13.9 crore in This autumn FY25, down from Rs 34 crore in Q3 FY25, in keeping with its inventory trade.

The corporate additionally witnessed a drop in income from operations, which fell to Rs 139 crore in This autumn FY25 from Rs 150 crore in Q3 FY25 — a lower of roughly 7.33 according to cent. Compared to the similar quarter closing yr (This autumn FY24), income dropped by way of 15 according to cent from Rs 164 crore.

This means that enlargement for the web go back and forth platform remained slow at the quarterly foundation. Total source of revenue throughout the quarter additionally fell by way of 6.54 according to cent to Rs 143 crore, whilst general bills surged by way of just about 22 according to cent to Rs 130.9 crore in This autumn FY25 from Rs 107.5 crore within the earlier quarter.

For the whole fiscal yr FY25, EaseMyTrip’s income remained virtually flat at Rs 587 crore, in comparison to Rs 590 crore in FY24. Meanwhile, general bills for the yr higher to Rs 460 crore, as according to its regulatory submitting.

Air ticketing, which stays the corporate’s core income driving force contributing 68 according to cent of total income, noticed a 28 according to cent drop to Rs 94 crore in This autumn FY25 from Rs 132 crore in the similar duration earlier fiscal (This autumn FY24).

Hotel applications contributed 16.5 according to cent of income, bringing in Rs 23 crore. Despite the quarterly dip, the corporate controlled to submit a benefit earlier than tax of Rs 12 crore in This autumn FY25, in comparison to a lack of Rs 17 crore in This autumn FY24.

On an annual foundation, benefit earlier than tax used to be in large part strong, coming in at Rs 143 crore in FY25 as opposed to Rs 142 crore in FY24. EaseMyTrip’s inventory ended the closing buying and selling consultation at Rs 11.28, up 0.71 according to cent, giving the corporate a complete marketplace capitalisation of Rs 3,997 crore.