EaseMyTrip.com, a leading online travel tech platform in India, reported a 41% YoY increase in Q4FY24, with a revenue from operations of INR 1,640 million, an EBITDA of INR 577 million, and a profit before tax of INR 551 million, indicating a 24% YoY growth. The company’s FY24 performance showed Hotel nights bookings, an increase of 49%, contributing 9% to the segment revenue. The Train, Buses and Others segment saw a 67% rise to 10.4 Lacs, in bookings, contributing 9% to the revenue. Q4 FY24 performance showed a 39% increase in hotel nights bookings, it recorded 1.4 Lacs bookings, contributing 12% to the segment revenue.
It showed a 53% to 2.7 Lacs increase in Train, Buses and Others segment bookings, contributing 8% to revenue, with gross booking revenue of INR 20,900 million, a 24% increase in EBITDA of INR 577 million, and a 24% increase in PBT. Nishant Pitti, CEO and Co-founder of Easy Trip Planners, commented, “We are pleased to announce that during the quarter our Revenue from Operations was at INR 1,640 million, a growth of 41% Y-o-Y.
The EBITDA grew by 24% Y-o-Y at INR 577 million and our PBT was INR 550.7 million, increase of 24% Y-o-Y, demonstrating our commitment to profitability. Similarly, our FY24 Revenue from Operations grew by 32% at INR 5,906 million. During FY2024, EBITDA was at INR 2,282 million, had a Y-o-Y growth of 19% and our PBT grew by 16% Y-o-Y to INR 2,151 million.”
