Conference Call with Easy Trip Planners Management and Analysts on Q2FY25 Performance and Outlook. Listen to the full earnings transcript.
Travel Support Services company Easy Trip Planners announced H1FY25 & Q2FY25 results Q2FY25 Financial Highlights: Gross Booking Revenue was Rs 20,756 million. Revenue from Operations stood at 1,447 million, up 2.1% Y-o-Y. GBR from hotel and packages reached 2,414 million, marking a 178.4% year-on-year growth. Hotel nights bookings were 2.2 lakh, growing 75.3% Y-o-Y. Bookings in the Train, Buses and Others segment rose by 3.3% to 2.8 lakh, contributing 2.0% to the GBR. EBITDA was Rs 423 million, a margin of 28.2%. PAT was at Rs 259 million, a margin of 17.3%. Dubai operations generated a GBR of Rs 1,725 million, reflecting a robust growth of 371.3% year-on-year. H1FY25 Financial Highlights: Gross Booking Revenue was Rs 43,501 million. Revenue from Operations stood at 2,973 Mn, up 11.9% Y-o-Y. GBR from hotel and packages reached 4,521 million, marking a 145.7% year-on-year growth. Hotel nights bookings were 4.0 lakh, an increase of 40.8% Y-o-Y. Bookings in the Train, Buses and Others segment rose by 18.5% to 5.9 lakh, contributing 1.9% to the GBR. EBITDA was Rs 929 million, a margin of 30.3%. PAT was at Rs 584 million, a margin of 19.1%. Company achieved strong cash flows from operations which stood at 58 Cr. Nishant Pitti, Co-founder and CEO of Easy Trip Planners, said: Our Q2 FY25 results reflect sustained growth across diversified segments. Gross Booking Revenue reached Rs 20,756 million, with Revenue from Operations up 2.1% year-over-year to Rs 1,447 million. The non-air business segments have been key drivers of growth this quarter, demonstrating our successful diversification strategy. The Hotels segment recorded exceptional performance with a GBR of Rs 2,414 million, marking a remarkable 178.4% year-on-year growth. This was fueled by a strong 75% increase in hotel night bookings to 2.2 lakh, reflecting heightened demand and effective market penetration. In this quarter too, the company achieved strong cash flows from operations which stood at 58Cr. Meanwhile, our Trains, Buses & Others segment saw steady traction, with a GBR of Rs 407 million—a 19.4% year-over-year increase— indicating the growing appeal of our comprehensive travel offerings beyond air travel. Our Dubai operations have also contributed significantly, achieving a GBR of Rs 1,725 million, a robust 371.3% growth year-over-year. This substantial international growth underscores our strategic commitment to expanding our footprint in high-potential markets. Together, these achievements highlight EaseMyTrip’s focus on driving long-term, profitable growth by tapping into diversified and international segments to deliver enduring value to our stakeholders. Result PDF