EaseMyTrip Q3 profit rises 4% YoY at Rs 41.7 cr, revenue increases 58%

Air tickets and hotel booking businesses do well to help volumes, says online travel firm

The company which operates online travel firm EaseMyTrip on Monday reported a consolidated net profit of Rs 41.7 crore in the third quarter of FY23, rising 4 per cent compared to Rs 28.2 crore in the same period last year.

Easy Trip Planners’ revenue from operations stood at Rs 136.2 crore, rising 58 per cent from Rs 86.5 crore during the year-ago period.

“On account of our strong marketing initiatives, our strategic collaborations, and our “No Convenience Fee” strategy, we have witnessed strong growth in the overall volumes during this quarter,” the company said in a regulatory filing.

“During the