EaseMyTrip profit falls 98% in Q1 FY26

Online travel aggregator easemytrip posted weak results last quarter, with revenue down over 25% and profit dropping 98% to ₹44 lakh.

EaseMyTrip’s operating revenue fell 25.5% to ₹114 crore in Q1 FY26 from ₹153 crore in Q1 FY25, according to its financials filed with the NSE.

Air ticketing made up 50% of the company’s revenue but dropped 47% to ₹57 crore in Q1 FY26 from ₹107 crore a year earlier. Hotel packages contributed 28.5% of revenue, bringing in ₹32.5 crore.

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Including other undisclosed income, EaseMyTrip’s total income in Q1 FY26 was ₹120 crore, down from ₹156 crore in Q1 FY25. Compared to the previous quarter, operating revenue fell 18% to ₹114 crore from ₹139 crore in Q4 FY25.

Total expenses grew 8% to ₹118 crore in Q1 FY26 from ₹109 crore a year earlier. Service costs made up 15% of the total, dropping 5% to ₹18 crore. Other major expenses last quarter included payment gateway charges, employee benefits, and advertising.

EaseMyTrip’s profit after tax (PAT) fell 98.7% to Rs 44 lakh in Q1 FY26 as compared to Rs 34 crore in Q1 FY25. On a unit basis, the Delhi-based company spent Rs 1.04 to earn a rupee of operating revenue with EBITDA of Rs 6.2 crore during the last quarter.

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In its board meeting, the company approved a ₹175 crore investment in Three Falcons Notting Hill Limited for a 50% stake, the acquisition of 100% of AB Finance Private Limited for ₹194.4 crore, and an investment in Vashu Bhagnani Industries Limited.