EaseMyTrip’s consolidated PAT declined 43% YoY and 21% QoQ to INR 26.8 Cr in Q2 FY25
While operating revenue rose 2.1% YoY to INR 144.6 Cr in Q2, it declined 5.2% on a quarter-on-quarter basis
Total expenses surged 17.9% to INR 177.9 Cr in Q2 FY25 from INR 150.8 Cr in the year-ago period
Online travel aggregator (OTA) EaseMyTrip reported a 42.8% decline in its consolidated profit after tax (PAT) at INR 26.8 Cr in the second quarter (Q2) of the financial year 2024-25 (FY25) from INR 46.9 Cr in the year-ago quarter.
On a quarter-on-quarter (QoQ) basis, net profit declined 20.9% from INR 33.9 Cr in Q1 FY25.
Revenue from operations remained largely flat, rising a nominal 2.1% to INR 144.6 Cr in Q2 FY25 from INR 141.6 Cr in the September quarter last year.
However, it declined 5.2% from INR 152.6 Cr on a sequential basis.
Total expenses surged 17.9% to INR 177.9 Cr in Q2 FY25 from INR 150.8 Cr in the year-ago quarter, primarily on account of a sharp increase in employee costs and marketing and sales expenditure.
(The story will be updated soon)
