Online travel company EaseMyTrip slipped into a ₹11.7 crore loss in the June quarter, as soaring costs overshadowed revenue growth despite gains in hotel and holiday bookings amidst mixed travel demand.
EaseMyTrip slipped back into the red in the June quarter, reporting a consolidated net loss of ₹11.7 crore for Q1 FY27, compared with a profit of ₹44 lakh a year earlier. According to Inc42, the online travel company’s operating revenue still rose 18.4% year on year to ₹134.7 crore, while total income, including ₹6.6 crore of other income, increased 18% to ₹141.3 crore.
The stronger top line was outweighed by a sharp rise in costs. Inc42 reported that total expenses climbed 29.8% to ₹152.7 crore, with service costs more than doubling to ₹39.2 crore. Advertising and sales promotion spending increased, payment gateway charges rose, and other expenses also advanced, leaving the company with a wider loss despite its revenue growth.
The quarter’s business mix showed momentum in hotels and holidays, but weakness elsewhere. According to the company’s results highlighted by Inc42, hotel package revenue more than doubled and hotel night bookings almost doubled, while air revenue fell and trains, buses and other services dropped sharply. Gross booking revenue rose 14.8% to ₹2,371 crore, with flights still accounting for the largest share, and chairman Nishant Pitti said the company was advancing priorities including Dubai expansion, AI-led travel products and a broader hotels-and-holidays push.
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