Easy Trip Planners announces Q3 and 9M FY24 results

Easy Trip Planners has reported Q3 and 9M FY24 results, showcasing its comprehensive range of travel-centric services, catering to both domestic and international passengers. The company enables customers to efficiently search, plan, and procure travel-related services within India and internationally.

Easy Trip Planners, a travel planning company, has reported a 9.5% YoY increase in Q3FY24 PAT to INR 456.6 million, indicating a commitment to profitability. FY24 Consolidated Revenue from Operations of Rs. 4,265.3 which has been increased 28.4% YoY, EBITDA of Rs 1,705.2 rose 17.9% YoY, and margin was 39.1%, with earnings per share of Rs. 0.68. EaseMyTrip has announced an interim dividend of Rs. 0.10 per equity share. The company diversified its portfolio by acquiring a 13% stake in ECO Hotels and Resorts, signing an MOU with the Government of Uttarakhand, and introducing EasyDarshan, offering hassle-free pilgrimage packages.

 The company also launched “Explore Bharat” to showcase India’s rich heritage to international travellers. Nishant Pitti, Co-founder and CEO of Easy Trip Planners, commented, “We are expanding our retail footprints domestically and exploring both organic and inorganic growth opportunities. These initiatives are aligned with our ongoing commitment to driving continued growth, providing comprehensive travel solutions, and ensuring a seamless experience for our customers.

By Business Bureau