Easy Trip Planners Q1 Results, Net Profit Rises to INR 339.29 Million, Revenue Declines by 7%

Easy Trip Planners Q1 Results 2024-2025

Easy Trip Planners recently released its financial results for the first quarter of the 2024-2025 fiscal year. The results showcase key figures, including revenue, expenses, and profit margins. Below is a summary of the main financial metrics:

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Easy Trip Planners Q1 Result Overview

Easy Trip Planners, the company behind the popular online travel platform EaseMyTrip, recently announced its financial results for the first quarter of the 2024-2025 fiscal year. The company reported a revenue of INR 1,526.02 million, showing a slight decline compared to the previous quarter's revenue of INR 1,640.42 million.

Despite the dip in revenue, the company managed to maintain strong operational performance, with a total income of INR 1,562.19 million. This performance reflects the company's resilience in a competitive market, particularly in the online travel industry.

However, the quarter was not without challenges. The company's profit before tax stood at INR 471.81 million, a recovery from a loss in the previous quarter due to an exceptional loss of INR 724.31 million.

While the overall profit was strong, the net profit after tax was INR 339.29 million, slightly lower than the previous year's figure for the same period. Despite these hurdles, Easy Trip Planners continues to focus on providing transparent pricing and excellent service to its customers, which has helped it maintain a loyal customer base.

Easy Trip Planners Current Market Overview

Easy Trip Planners, known as EaseMyTrip, is currently trading at ₹39.0 per share, reflecting a recent dip of 1.71%. The company's market cap stands at ₹6,909 crore, making it a significant player in the online travel industry. The stock has fluctuated between a high of ₹54.0 and a low of ₹37.0.

With a Price-to-Earnings (P/E) ratio of 37.8, the company shows a strong Return on Capital Employed (ROCE) of 40.1% and a Return on Equity (ROE) of 31.2%, indicating solid financial performance. The dividend yield is 0.24%, with a face value of ₹1.00 per share.

Quarterly Results

Below is the summary of the quarterly results for Easy Trip Planners for the periods of December 2023, March 2024, and June 2024. The table highlights key financial metrics such as sales, expenses, and net profit during these quarters.

About Easy Trip Planners 

Easy Trip Planners, also known as EaseMyTrip, is an Indian online travel company that was founded in 2008 by brothers Nishant, Rikant, and Prashant Pitti. Headquartered in New Delhi, the company offers a wide range of travel services, including booking flights, hotels, holiday packages, and buses, both for domestic and international travel.

EaseMyTrip is one of India's largest online travel platforms and has expanded its presence with offices in Singapore, the UAE, and Thailand. The company is known for its customer-friendly approach, offering services with no convenience fees, which has helped it build a strong and loyal customer base.