Easy Trip Planners Limited

Easy Trip Planners Q3 net profit rises 4.1% to Rs 41.7 cr, revenue jumps

Online travel service provider Easy Trip Planners Ltd on Monday reported a 4.16 per cent rise in consolidated net profit to Rs 41.7 crore for the third quarter ended December 2022. The company had posted a consolidated net profit of Rs 40.03 crore in the corresponding quarter of the last fiscal, Easy Trip Planners, which operates under the brand EaseMyTrip, said in a regulatory filing. Its consolidated revenue from operations during the period under review stood at Rs 136.15 crore against Rs 86.56 crore in the year-ago period, it added. The growth was driven by strong volume growth in the flight and hotels segment, the company said. The company's total expenses in the third quarter were higher at Rs 82.6 crore compared to Rs 35.93 crore in the same period previous fiscal. Air segment clocked revenue of Rs 111.57 crore during the quarter against Rs 86.13 crore in the year-ago period, while hotel packages revenue stood at Rs 23.7 crore, the company said.

Easy Trip Planners Ltd to acquire 55% stake in Glegoo Innovations

Online travel service provider, Easy Trip Planners Ltd on Wednesday said it will acquire a 55 per cent stake in Glegoo Innovations Pvt Ltd, an online travel and tours firm, for Rs 3 crore. The company signed a share purchase agreement with Glegoo Innovations Pvt Ltd on January 24, 2023, Easy Trip Planners, which operates under the brand EaseMyTrip, said in a regulatory filing. The board of the company has considered and approved the acquisition, it added. Glegoo will add a new revenue vertical for the company and enable it to scale up its business for online tours and travel related services, it added. Registered with the Registrar of Companies Vijayawada, Glegoo is in the online travel and tours related services, the company said.

Paytm, Nykaa: Will 2022's bloodbath in new-age stocks continue in 2023?

Paytm, Policybazaar, Zomato, and Nykaa have been the worst hit, falling between 50.5 per cent and 60 per cent thus far in 2022

Easy Trip Planners zooms 40% in two days; stock hits all-time high

The stock had turned ex-date for 3:1 bonus issue, and 1:1 stock split on Monday

Easy Trip Planners surges 20% as stock turns ex-date for split, bonus issue

The stock turned ex-date for 3:1 bonus issue, and 1:1 stock split

Easy Trip Planners surges 8% on bonus issue, stock split plan

The board of directors of the company are scheduled to meet on Monday, October 10, 2022, for considering the proposal for issue of bonus shares and/or sub-division/split of shares.

Travel service providers Easy Trip Planners Q4 profit drops 23% to Rs 23 cr

Easy Trip Planners Ltd on Wednesday reported a 23.4 per cent decline in consolidated net profit at Rs 23.34 crore for the fourth quarter ended March, impacted by lower revenue and higher expenses.

Easy Trip Planners hits record high on heavy vols; stock up 20% in 2 days

The management asserts that strong demand uptick will bolster the travel industry.

Stocks to Watch: RIL, Ambuja Cements, Torrent Power, Easy Trip, Banks

Banking shares may see some action after four banks hiked deposit rates in the last one week, an indication that the interest rate cycle has turned amid uptick in loan demand.

Stocks to Watch: Infosys, TCS, Wipro, EaseMyTrip, Dixon, RITES, Voda Idea

The three IT majors - Infosys, TCS and Wipro shall react to the Q3 earnings reported on Wednesday after market hours this morning.

Easy Trip Planners posts fourth quarter net profit at Rs 30.46 crore

Shares of Easy Trip Planners Ltd were trading at Rs 426.85 on BSE on Tuesday, up 1.81 per cent from the previous close.

Tide Water, Easy Trip, Prozone Intu, RCom zoom over 100% in a month

Tide Water Oil was locked in the upper circuit for the second straight day, up 5 per cent at Rs 12,030.80 after the company announced a 1:1 bonus, Rs 200 dividend, and a stock split from Rs 5 to Rs 2

After muted debut, shares of this travel company are up 100% in a month

Easy Trip Planners have rallied 127% in the past one month on anticipation that pent up demand would boost the travel and tourism segment

Time to play the 'unlock trade'? Cautiously, say analysts

At the bourses, 'unlock trade' has been playing out well over the past few weeks with stocks from the related sectors on a run

Easy Trip Planners hits 20% upper circuit on heavy volumes

The company is anticipating the pent up demand to boost the travel and tourism segment post ease in travel restrictions, and vaccination drive carried out by the government

Easy Trip co-founder upbeat despite public listing at worst time for travel

Easy Trip Director Prashant Pitti is sanguine, even though his firm, which operates EaseMy­Trip.com, gets more than 90% of its revenue from selling airline tickets

After Easy Trip Planners poor show, Anupam Rasayan IPO disappoints on debut

Poor showing by Anupam Rasayan and Easy Trip hurts grey market premia of those in queue

Another market debutant disappoints; Anupam Rasayan slips below issue price

Half a dozen companies are to make their trading debut this month, but the market is already lukewarm

Is IPO euphoria fading? GMPs of recent issues slide ahead of listing

As per grey market watchers, the premium for Anupam Rasayan, whose shares are set to debut on the bourses tomorrow, has slipped by over 75 per cent

Easy Trip Planners tumbles 7%, drops below IPO price of Rs 187

Hotels and resorts in tourist places in Maharashtra have seen up to 30 per cent rise in cancellations and new bookings even as the state reports the sharpest increase in new Covid-19 cases