EaseMyTrip.com announced its partnership with BNZ Green, a leader in sustainable technology solutions. This collaboration marks a significant milestone in EaseMyTrip's commitment to promoting eco-friendly green travel and reducing the environmental impact of the tourism industry. Through this partnership, EaseMyTrip will integrate BNZ Green's cutting-edge APIs into its booking platform. All of this will be provided through a seamless sync of a blockchain-based carbon offset program, enabling travellers to purchase carbon credits directly through the platform and receive verifiable certificates stored on a secure blockchain. The users will also have real-time access to carbon emission calculations which will make them aware of their flight's carbon footprint. In the broader sense, this initiative would create responsible travellers that are committed to doing their bit for the environment. Powered by Capital Market - Live

On 14 October 2024, the company's board had approved the issuance of one bonus equity share for every one fully paid-up equity share held by shareholders (1:1) as on record date. Easy Trip Planners, the operator of EaseMyTrip.com, is the fastest growing, 2nd largest, and only profitable company in the online travel portal in India. The company offers a comprehensive range of travel-related products and services for end-to-end travel solutions, including airline tickets, hotel and holiday packages, rail tickets, and bus tickets. The company's consolidated net profit slipped 45.17% to Rs 25.87 crore in Q2 FY25 as compared with Rs 47.18 crore posted in Q2 FY24. Revenue from operations increased 2.1% year on year (YoY) to Rs 144.67 crore in the quarter ended 30 September 2024.Powered by Capital Market - Live

However, Revenue from operations increased 2.1% year on year (YoY) to Rs 144.67 crore in the quarter ended 30 September 2024. Profit before tax tumbled 42.4% to Rs 37.24 crore in second quarter of FY25 as compared with Rs 64.65 crore posted in same quarter last year. Total expenses spiked 41.02% year on year to Rs 112.70 crore during the quarter. Service cost was at Rs 13.89 crore (up 29.93% YoY), advertising and sales promotion expenses stood at Rs 24.47 (up 76.65% YoY) and employee benefits expense stood at Rs 25.05 crore (up 33.96% YoY) during the period under review. Easy Trip reported gross booking revenue (GBR) of Rs 2,075.64 crore in Q2 of FY25, up 2.47% YoY. The hotel segment and packages, with GBR reached Rs 241.4 crore, marking a 178.4% YoY growth. The trains, buses & others segment recorded a GBR of Rs 40.7 crore, reflecting a 19.4% YoY increase. EBITDA stood at Rs 42.29 crore in September 2024 quarter, registering de-growth of 37.48% on YoY basis. During the quarter, EBITDA margin reduced to 28.2% as against 46.8% in Q2 FY24. Additionally, the company's Dubai operations generated a GBR of Rs 172.5 crore, showing strong YoY growth of 371.3%. Cash flows from operations remained strong at Rs 58 crore for the quarter. 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% YoY to Rs 1,447 million. Our Dubai operations have also contributed significantly, achieving a GBR of Rs 1,725 million, a robust 371.3% growth YoY. 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.' Easy Trip Planners, the operator of EaseMyTrip.com, is the fastest growing, 2nd largest, and only profitable company in the online travel portal in India. The company offers a comprehensive range of travel-related products and services for end-to-end travel solutions, including airline tickets, hotel and holiday packages, rail tickets, and bus tickets. Powered by Capital Market - Live

Easy Trip Planners has fixed 28 November 2024 as record date for bonus issue of 1:1. Powered by Capital Market - Live

EaseMyTrip.com announced the approval of acquisition of Planet Education Australia, an Australia-based comprehensive education services provider making a strategic investment of 49% paid-up share capital. This strategic investment marks EaseMyTrip's entry into the international study tourism and strengthens its position in the tourism industry. Founded in 1999, Planet Education has established itself as a leading education service provider with over 25 years of industry experience. The company offers comprehensive study abroad services, including expert counselling, university placements, and visa assistance, with an impressive track record of helping over 45,000 students achieve their international education goals. Planet Education maintains its headquarters in Australia with its head office in Sydney, operating through a network of 25 offices globally. This acquisition aligns with EaseMyTrip's vision to expand its service offerings and create a more comprehensive travel ecosystem for its customers while tapping into study tourism. It will enable EaseMyTrip to foray into another tourism sector and leverage Planet Education's extensive experience in international education services and its strong presence. In return, Planet Education will have access to EaseMyTrip's vast customer base, B2B agents' network and tech capabilities.Powered by Capital Market - Live

The Board of Easy Trip Planners at its meeting held on 15 November 2024 has approved the proposed acquisition of 49% stake in Planet Education Australia for a consideration of Rs 39.20 crore. The Board also approved the acquisition of 50% stake in Jeewani Hospitality for a value of Rs 100 crore. Powered by Capital Market - Live

Net profit of Easy Trip Planners declined 45.17% to Rs 25.87 crore in the quarter ended September 2024 as against Rs 47.18 crore during the previous quarter ended September 2023. Sales rose 2.10% to Rs 144.67 crore in the quarter ended September 2024 as against Rs 141.69 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales144.67141.69 2 OPM %25.5945.72 - PBDT40.8565.65 -38 PBT37.2464.65 -42 NP25.8747.18 -45 Powered by Capital Market - Live

Easy Trip Planners will hold a meeting of the Board of Directors of the Company on 15 November 2024Powered by Capital Market - Live

Easy Trip Planners will hold a meeting of the Board of Directors of the Company on 14 November 2024Powered by Capital Market - Live

EaseMyTrip.com announced the launch of its first franchise store in Bhubaneswar, Odisha. This marks the 19th store unveiled under the company's flagship program, EaseMyTrip Franchise, further solidifying its commitment to connecting with offline customers through a wide-reaching network of retail stores. Located at the prime address of S/O Ratnakar Routray, Plot No.437, Near N.H-16, P.S-Varatpur, Aiginia, Bhubaneswar, Odisha, PIN-751030, the store offers a comprehensive range of travel services including flight, hotel, bus, and railway reservations. Customers can also book luxurious vacation packages, cruises, and avail visa-related services. Powered by Capital Market - Live