Online travel platform Easy Trip Planners Ltd. reported its Q3 FY25 financial results, showcasing a solid increase in net profit despite a slight dip in revenue compared to the same quarter last year.
The company reported ₹1,058.7 crore in revenue from operations, down 17.9% YoY from ₹1,289.8 crore in Q3 FY24. However, net profit surged 29.1% YoY to ₹335.2 crore, compared to ₹259.6 crore in the previous year’s quarter. This rise in profit was primarily attributed to cost optimizations and increased efficiency in payment processing and advertising expenses.
Key Financial Highlights (Standalone)
- Revenue from operations: ₹1,058.7 crore (▼17.9% YoY)
- Other income: ₹46.5 crore, up from ₹43 crore in Q3 FY24
- Total expenses: ₹655.8 crore, compared to ₹650.9 crore last year
- Profit before tax: ₹449.4 crore, compared to ₹681.9 crore in Q3 FY24
- Net profit: ₹335.2 crore (▲29.1% YoY)
- Earnings per share (EPS): ₹0.10 per share, compared to ₹0.14 in Q3 FY24
Segment-wise Performance
Air Ticketing Segment
The air passage segment, which contributes the majority of Easy Trip Planners’ revenue, generated ₹999.9 crore in Q3 FY25, down from ₹1,257.1 crore in the same period last year. This decline was mainly due to seasonal fluctuations and reduced demand for long-haul flights. However, profitability in this segment remained strong due to lower customer acquisition costs.
Hotel Bookings and Holiday Packages
Revenue from hotel packages increased 57.6% YoY, reaching ₹45.2 crore, compared to ₹28.7 crore in Q3 FY24. This growth was fueled by higher international travel demand and strategic marketing partnerships.
Other Services
The company’s other services, including bus ticketing and ancillary offerings, grew significantly, contributing ₹13.6 crore in Q3 FY25, compared to ₹3.8 crore in Q3 FY24.
Despite a drop in revenue, Easy Trip Planners improved profitability by optimizing advertisement spending and lowering payment gateway costs. Advertisement and sales promotion expenses declined 2.7% YoY to ₹142.9 crore, while payment gateway charges increased moderately by 19% to ₹140.3 crore, reflecting the growing share of digital transactions.
The company reported a total tax expense of ₹114.3 crore, slightly lower than ₹170.7 crore in Q3 FY24. This decrease in tax outgo was due to deferred tax adjustments and tax benefits on past provisions.
Easy Trip Planners is expanding its global footprint, having recently announced investments in Planet Education Australia Pty Ltd and Jeewani Hospitality Private Limited, as well as the incorporation of a new wholly-owned subsidiary EaseMyTrip Do Brasil Ltda. These initiatives aim to diversify revenue streams and strengthen international operations.
Looking ahead, the company remains optimistic about the Indian travel industry’s recovery, with plans to enhance customer experience through AI-driven personalization and seamless booking services.
While revenue growth slowed in Q3, Easy Trip Planners’ strategic cost controls and operational efficiencies helped drive strong profit growth. With a focus on global expansion and digital innovation, the company remains well-positioned to sustain long-term growth.
