EaseMyTrip Swings to Profit Despite 15% Revenue Decline in Q4
Despite a 15% year-over-year (YoY) decline in revenue in the fourth quarter (Q4) of FY25, EaseMyTrip has managed to swing back to profitability, thanks to strong growth in its hotels and holidays segment. The company reported a profit before tax (PBT) of ₹12 crore, a significant turnaround from its losses in the previous quarter.
EaseMyTrip’s Q4 FY25 financial results, which were announced recently, showed that the company’s revenue had declined by 15% YoY to ₹266 crore, due primarily to a decline in air ticketing. However, this decline was more than offset by the strong growth in its hotels and holidays segment, which rose by a staggering 189% YoY to ₹44 crore.
The company’s hotels and holidays segment has been a bright spot for EaseMyTrip, and its growth is likely to continue in the future. The segment has been driven by the increasing popularity of holiday packages and the company’s efforts to expand its offerings in this space. EaseMyTrip has been investing heavily in this segment, and its efforts are starting to pay off.
In addition to its hotels and holidays segment, EaseMyTrip’s other business segments also showed strong growth. The company’s bus ticketing segment rose by 12% YoY to ₹43 crore, while its international segment grew by 10% YoY to ₹23 crore.
Despite the decline in revenue, EaseMyTrip’s full-year revenue remained stable at ₹1,044 crore. The company’s profitability was also boosted by its cost-cutting efforts, which helped to reduce its expenses by 10% YoY.
EaseMyTrip’s Q4 FY25 results are a significant achievement, given the challenges faced by the company in the previous quarter. The company had reported a loss of ₹23 crore in Q3 FY25, due primarily to the decline in air ticketing. However, the company’s strong growth in its hotels and holidays segment, as well as its cost-cutting efforts, helped it to swing back to profitability in Q4.
The company’s CEO, Nishant Pitti, attributed the strong growth in its hotels and holidays segment to the increasing popularity of holiday packages and the company’s efforts to expand its offerings in this space. He also stated that the company is focused on expanding its international presence and diversifying its revenue streams.
EaseMyTrip’s focus on international expansion and diversification is likely to be a key area of focus for the company in FY26. The company has been investing heavily in its international business, and its efforts are starting to pay off. EaseMyTrip has been expanding its presence in new markets, including the Middle East and Southeast Asia, and has also been diversifying its revenue streams by investing in new business segments.
In conclusion, EaseMyTrip’s Q4 FY25 results are a significant achievement, given the challenges faced by the company in the previous quarter. The company’s strong growth in its hotels and holidays segment, as well as its cost-cutting efforts, helped it to swing back to profitability. EaseMyTrip’s focus on international expansion and diversification is likely to be a key area of focus for the company in FY26, and we expect the company to continue to grow and expand its presence in the future.
Source: https://ascendants.in/funding-feed/easemytrip-q4-fy25-revenue-decline/
