Easy Trip Planners announced its Q3 and 9M FY24 results. The company presents an extensive spectrum of travel-centric services, adeptly meeting the demands of passengers journeying domestically and internationally. Offering an array of services, they enable customers to efficiently search, plan, and procure travel-related services, both within India and Internationally.
The company’s PAT increased by 9.5% in Q3, reaching INR 45.7 Cr, indicating continued robust financial performance. 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 declared Interim Dividend of Rs. 0.10 per equity share. In Q3 FY24, the company diversified its portfolio by acquiring a 13% stake in ECO Hotels and Resorts and signing an MOU with the Government of Uttarakhand.
The company introduced EasyDarshan, offering hassle-free pilgrimage packages, and 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.
