EaseMyTrip reports 18% revenue drop and ₹36 crore loss in Q2
The Indian online travel agency (OTA) EaseMyTrip has reported a decline in its revenue and a significant loss in the second quarter of the financial year 2026. According to the company’s Q2FY26 results, its revenue dropped by 18% compared to the same period last year, resulting in a loss of ₹36 crore. This decline can be attributed to the weaker performance of its air ticketing segment, which has been a core component of the company’s business.
The air ticketing industry has been facing significant challenges in recent times, including increased competition, rising fuel costs, and changing consumer behavior. These factors have led to a decline in air ticket bookings, which in turn has impacted EaseMyTrip’s revenue. Additionally, the company has been facing rising costs, including employee expenses, marketing costs, and technology expenses, which have further contributed to its losses.
However, despite the challenges in its core air ticketing segment, EaseMyTrip has reported strong growth in its non-air businesses, including hotels, holidays, and international operations. The company has been focusing on diversifying its revenue streams and expanding its offerings beyond air ticketing. This strategy has helped the company to offset some of the pressure on its revenue and profitability.
One of the key areas of growth for EaseMyTrip has been its international operations, particularly in Dubai. The company has been expanding its presence in the Middle East and has seen significant growth in bookings from the region. This has been driven by the increasing demand for travel to and from Dubai, as well as the company’s strategic partnerships with local players.
EaseMyTrip has also been investing in its hotels and holidays business, which has shown strong growth in recent quarters. The company has been expanding its inventory of hotels and holiday packages, and has been offering competitive pricing and promotions to attract customers. This has helped the company to increase its market share in the hotels and holidays segment and to reduce its dependence on air ticketing.
To further diversify its business and reduce its dependence on air ticketing, EaseMyTrip has been acquiring new companies and entering into strategic partnerships. The company has recently acquired a stake in a travel technology company, which will help it to enhance its technology capabilities and improve its customer experience.
EaseMyTrip has also launched its EMT 2.0 strategy, which aims to transform the company into a full-fledged travel technology company. The strategy involves investing in new technologies, including artificial intelligence, machine learning, and data analytics, to improve the company’s operational efficiency and customer experience. The company is also planning to expand its offerings to include new travel products and services, such as travel insurance, visa services, and loyalty programs.
Overall, while EaseMyTrip’s Q2FY26 results have been disappointing, the company’s strong growth in non-air businesses and its strategic initiatives to diversify its revenue streams and expand its offerings are positive signs for the future. The company’s focus on technology and innovation, as well as its expansion into new markets and segments, is expected to help it to recover from the current challenges and achieve long-term growth and profitability.
In conclusion, EaseMyTrip’s Q2FY26 results have been impacted by the weaker performance of its air ticketing segment and rising costs. However, the company’s strong growth in non-air businesses, including hotels, holidays, and international operations, has helped to offset some of the pressure. With its new acquisitions, partnerships, and EMT 2.0 strategy, EaseMyTrip is well-positioned to diversify beyond its core air bookings and achieve long-term growth and profitability.
News Source: https://ascendants.in/business-stories/easemytrip-q2-fy26-results-revenue-loss-non-air-growth/
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