Online travel platform EaseMyTrip posted a consolidated net loss of ₹11.7 crore in Q1 FY27, reversing its profit from the previous year, despite a year-on-year rise in operating revenue driven by hotel package growth.
- Q1 revenues rose 18.4% YoY to ₹134.7 Cr; net loss at ₹11.7 Cr.
- Hotel packages segment revenue doubled YoY to ₹67.6 Cr.
- Dubai operations GBR grew 45.2%, supporting strategic growth.
What happened
EaseMyTrip reported a consolidated net loss of ₹11.7 crore for Q1 FY27, a decline from a net profit of ₹44 lakh in the same period last year. This loss occurred despite the company’s operating revenue increasing by 18.4% year-on-year to ₹134.7 crore. On a sequential basis, EaseMyTrip narrowed its quarterly loss by 24.2%, recovering from a ₹15.4 crore loss in Q4 FY26. Total income including other sources increased 18% to ₹141.3 crore compared to the prior year.
The company’s expenses rose significantly by 29.8% to ₹152.7 crore, contributing to the net loss. Key cost increases included more than double the service costs and rises in employee expenses, advertising, payment gateway charges, and other operating costs. This expense inflation outweighed the gains in revenue from key business segments.
Why it matters
The surge in revenue was primarily driven by the hotel packages business, which more than doubled its revenue to ₹67.6 crore and saw hotel night bookings nearly double to 6.47 lakh nights. This shift highlights EaseMyTrip's strategic pivot towards expanding its Hotels & Holidays segment to capture growing demand in this area.
Despite air travel remaining the largest contributor to gross booking revenue (74.1%), the decline in air and other segments like trains and buses signals changing dynamics in customer preferences. Additionally, the 45.2% revenue growth from EaseMyTrip's Dubai operations emphasizes international expansion as part of the company’s Vision 2030 strategy to build a broader travel ecosystem.
What to watch next
Investors should monitor how effectively EaseMyTrip manages its rising operational costs and whether its investment in hotel packages and international markets like Dubai translates into sustained profitability. The company’s ongoing emphasis on AI-driven travel innovation and ecosystem expansion into airport and duty-free services will be critical for long-term growth.
Quarterly financial updates will reveal if the narrowing loss trend continues and whether the company can reverse the decline in its other travel service segments. Market response and share price movement following strategic initiatives will also provide insight into EaseMyTrip’s competitive positioning within India’s OTA sector.