Online travel aggregator EaseMyTrip narrowed its consolidated net loss by over 98% year-on-year to ₹56.5 lakh in Q2 FY27, supported by a 33.5% rise in operating revenue to ₹157.9 crore, driven primarily by a sharp increase in its hotel packages business.
- Net loss reduced by 98.4% to ₹56.5 lakh in Q2 FY27
- Operating revenue up 33.5%, driven by 189% jump in hotel packages
- Plans international growth and AI-led innovation under Vision 2030
What happened
EaseMyTrip reported a consolidated net loss of ₹56.5 lakh in Q2 FY27, a 98.4% decrease from a ₹36 crore loss in the same quarter last year. Sequentially, the company trimmed losses by 95.2% from ₹11.7 crore in Q1 FY27. The operating revenue jumped 33.5% year-on-year to ₹157.9 crore, with total income, including other income, reaching ₹168 crore for the quarter.
The surge in revenue was primarily driven by the hotel packages segment, which saw revenue increase by 189% year-on-year to ₹92 crore. Meanwhile, revenue from air passages declined by 21.9% to ₹56.3 crore, and other services dropped 33.1%. Gross booking revenue expanded by 25.5% to ₹2,458.4 crore, with flights remaining the largest contributor at nearly 70%, followed by hotels and holiday packages at about 29%.
Why it matters
The significant reduction in losses combined with revenue growth highlights EaseMyTrip’s ability to adapt its business model and capitalize on emerging travel segments like hotel packages. This shift indicates the company is diversifying beyond traditional air ticketing, responding to changing consumer patterns in India’s dynamic travel market.
Additionally, the strong performance of its Dubai operations, with gross booking revenue up 53.6% year-on-year, demonstrates potential for international market expansion. EaseMyTrip’s focus on new technology, particularly AI-led innovation, and its ambition to enter global markets such as Latin America, Brazil, the US, UK, and Thailand align with its Vision 2030 strategic objectives to broaden geographic presence and revenue streams.
What to watch next
Investors and market watchers should monitor EaseMyTrip’s ability to sustain growth in its hotel packages business and how effectively it revives or transforms its air passage segment as travel demand fluctuates. The company’s expense structure will also be important to watch as costs increased by more than 36% year-on-year despite narrowing losses.
Further developments in EaseMyTrip’s international expansions and strategic partnerships will be key indicators of its success beyond India. Progress on AI integration and innovation initiatives could enhance operational efficiencies and customer experience, potentially strengthening its competitive position in the crowded OTA landscape.