EaseMyTrip.com soared to new financial heights in Q3FY24, boasting a 9.5% increase in Profit After Tax (PAT) to INR 456.6 million. Bolstering its robust financial performance, the company reported a significant 18.1% year-on-year surge in revenue, hitting INR 1,607.9 million, coupled with an EBITDA rise of 10.9% to INR 653.7 million.
In a strategic move to diversify its offerings, EaseMyTrip acquired a 13% stake in ECO Hotels and Resorts, expanding beyond its online travel services. Concurrently, it inked a landmark Memorandum of Understanding (MOU) with the Government of Uttarakhand, aimed at elevating the state’s global tourism appeal.
Introducing innovative services like EasyDarshan pilgrimage packages and “Explore Bharat – Discover the Soul of India” for international travelers, the company underscores its commitment to customer-centric offerings. Furthermore, the introduction of the exclusive EaseMyTrip Platinum, Gold, and Silver Cards targets High-Net-Worth Individuals (HNIs), enhancing luxury travel experiences. Nishant Pitti, EaseMyTrip’s Co-founder and CEO, lauded the company’s profitability and strategic strides, emphasizing a commitment to sustained growth and customer satisfaction.
