EaseMyTrip.com announced the launch of its 22nd franchise store. The new store is in Bengaluru, Karnataka. This expansion reflects the company's commitment to bridging online convenience with personalised offline travel services under its flagship EaseMyTrip Franchise program. Situated at White Pearl Building, 154 6th Main Road, 4th Block Jayanagar, Bengaluru, Karnataka560011, the state-of-the-art store offers a comprehensive array of travel services, including domestic and international flight bookings, hotel reservations, customised holiday packages, and seamless bus and railway bookings. Specialised services such as luxury cruise bookings, visa assistance, and curated corporate travel solutions are also available.Powered by Capital Market - Live

Easy Trip Planners will hold a meeting of the Board of Directors of the Company on 8 December 2024Powered by Capital Market - Live

The frontline indices traded with modest losses in mid-morning trade. The Nifty slipped below the 24,400 level. Pharma shares extended losses for the third consecutive trading session. Trading was volatile due to weekly F&O series expiry today. At 11:29 IST, the barometer index, the S&P BSE Sensex slipped 304.77 points or 0.38% to 80,645.67. The Nifty 50 index lost 114.30 points or 0.47% to 24,353.15. In the broader market, the S&P BSE Mid-Cap index fell 0.23% and the S&P BSE Small-Cap index added 0.04%. The market breadth was positive. On the BSE, 1,882 shares rose and 1,875 shares fell. A total of 160 shares were unchanged. Buzzing Index: The Nifty Pharma index slipped 1.15% to 22,165.90. The index fell 1.26% in three consecutive trading sessions. Divis Laboratories (down 3.12%), Cipla (down 1.86%), Aurobindo Pharma (down 1.53%), Ajanta Pharma (down 1.5%), Glenmark Pharmaceuticals (down 1.40%), Lupin (down 1.37%), Alkem Laboratories (down 1.3%), Sun Pharmaceuticals Industries (down 0.99%), Biocon (down 0.97%) and J B Chemicals & Pharmaceuticals (down 0.94%) declined. On the other hand, Granules India (up 3.66%), Laurus Labs (up 1.12%) and Gland Pharma (up 0.97%) turned higher. Stocks in Spotlight: Easy Trip Planners advanced 2.08% after the company announced that its board of directors will meet on 8 December 2024 to consider and approve the proposal for issuing fully paid-up equity shares through a preferential issue. Bondada Engineering rose 2.23% after the company said that it has received a work order worth Rs 108.90 crore from the Bihar Renewable Energy Development Agency under the Mukhyamantri Gramin Solar Street Light Yojana. Global Markets: Asian stocks traded mixed on Thursday as investors grappled with ongoing political crises in France and South Korea. The price of bitcoin soared past the long-awaited $100,000 benchmark for the first time ever late Wednesday evening. Japanese and Australian equities advanced, while South Korean shares declined after the opposition party initiated impeachment proceedings against President Yoon Suk Yeol following his controversial declaration of martial law. In France, Prime Minister Michel Barnier's government was ousted by lawmakers just three months after its formation, plunging the country into further political uncertainty. This follows President Macron's failed attempt to secure a parliamentary majority in recent elections, leaving him without a clear path forward. Meanwhile, US stock markets closed at record highs on Wednesday, driven by strong earnings reports, particularly from Salesforce, and continued optimism surrounding tech giants like NVIDIA. The S&P 500 rose 0.6% to a record high of 6,086.49 points, while the NASDAQ Composite rose 1.3% to a peak of 19,732.87 points. The Dow Jones Industrial Average ended up 0.7% at a record high of 45,014.04 points. Federal Reserve Chair Jerome Powell's comments on the US economy also boosted investor sentiment. Powell expressed confidence in the economy's strength and indicated that the Fed may adopt a more cautious approach to future rate cuts. Market participants are now eagerly awaiting the release of the US nonfarm payrolls report on Friday, which is expected to provide insights into the labor market's health and its potential impact on interest rate policy.Powered by Capital Market - Live

The proposal is subject to regulatory/statutory approvals as may be required, including without limitation the approval of shareholders of the company. 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

Adani Green Energy Ltd, Adani Energy Solutions Ltd, Lloyds Metals & Energy Ltd and Piramal Pharma Ltd are among the other gainers in the BSE's 'A' group today, 29 November 2024.Easy Trip Planners Ltd spiked 14.83% to Rs 18.74 at 11:47 IST. The stock was the biggest gainer in the BSE's 'A' group. On the BSE, 65.2 lakh shares were traded on the counter so far as against the average daily volumes of 15.36 lakh shares in the past one month. Adani Green Energy Ltd surged 11.42% to Rs 1212.5. The stock was the second biggest gainer in 'A' group. On the BSE, 12.3 lakh shares were traded on the counter so far as against the average daily volumes of 4.28 lakh shares in the past one month. Adani Energy Solutions Ltd soared 8.73% to Rs 790.85. The stock was the third biggest gainer in 'A' group. On the BSE, 12.34 lakh shares were traded on the counter so far as against the average daily volumes of 5.2 lakh shares in the past one month. Lloyds Metals & Energy Ltd gained 7.93% to Rs 1045.2. The stock was the fourth biggest gainer in 'A' group. On the BSE, 73553 shares were traded on the counter so far as against the average daily volumes of 26526 shares in the past one month. Piramal Pharma Ltd rose 6.96% to Rs 262.7. The stock was the fifth biggest gainer in 'A' group. On the BSE, 6.51 lakh shares were traded on the counter so far as against the average daily volumes of 6.19 lakh shares in the past one month. Powered by Capital Market - Live

EaseMyTrip.com today announced the launch of its new office in Mumbai, marking a significant expansion of its presence in India's financial capital. Located at Skyline Icon in Andheri East, the new facility reinforces EaseMyTrip's commitment to serving its growing customer base in Western India. The state-of-the-art office, spanning the entire 4th floor of Skyline Icon, has been strategically designed to enhance the company's capabilities in corporate travel management, B2B services, MICE operations, and holiday packages. This expansion comes as part of EaseMyTrip's strategic growth initiative to strengthen its physical presence in key metropolitan markets.Powered by Capital Market - Live

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