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Results · Professional & Local Services

EaseMyTrip Q3 net profit plunges 90%

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Date
Company
EaseMyTrip
What it does
Online travel aggregator
Kind
Results
Sector
Professional & Local Services

What they do

EaseMyTrip is an online travel platform for flights, hotels, buses and trains

What happened

Q3 FY26 net profit fell 90% to ₹3.4 Cr, while revenue rose 0.7% to ₹151.7 Cr

Why it matters

The company plans to raise funds and invest ₹200 Cr in electric buses

The details

  • EaseMyTrip reported a Q3 FY26 net profit of ₹3.4 Cr, down 90% from ₹34 Cr a year ago.
  • Operating revenue was ₹151.7 Cr, up 0.7% year-on-year and 28% quarter-on-quarter.
  • Total income including other income of ₹9.6 Cr stood at ₹161.3 Cr.
  • Total expenses rose 42.5% to ₹153.2 Cr from ₹107.5 Cr.
  • EBITDA was ₹13.9 Cr, down 17% year-on-year but up 18% quarter-on-quarter.
  • Gross booking revenue (GBR) reached ₹2,213.2 Cr.
  • Hotels and holiday packages segment grew 84% to 4.6 lakh room nights.
  • Trains, buses and others segment transactions fell 31.9% year-on-year.

The bigger picture

  • Flights contributed ~64% of Q3 revenue, while hotels and holiday packages contributed ~30%.
  • Dubai business GBR surged 133.2% to ₹397.6 Cr.
  • EaseMyTrip expanded into Brazil and Saudi Arabia with new subsidiaries.
  • The company is scaling up its subsidiary YoloBus for non-air mobility.
  • Shares closed 2.65% lower at ₹6.61 on BSE on 14 Feb 2026.

About the business

  • EaseMyTrip is an online travel aggregator (OTA) offering flights, hotels, holidays, bus and train tickets.
  • It operates in India, UAE, UK, Thailand, and the US.
  • The company makes money through commissions and service fees on bookings.
  • It serves both leisure and business travellers.

What happens next

  • The board gave in-principle approval to raise funds via equity shares or convertible securities.
  • Fundraising routes include rights issue, QIP, preferential allotment, or private placement.
  • EaseMyTrip committed ₹200 Cr investment in electric mobility arm Easy Green Mobility.
  • It plans to manufacture and deploy over 2,000 electric buses by FY28.

The deal

Type
results

Founders

  • Nishant Pitti, Founder

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