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Easy Trip Planners Ltd.

BSE: 543272 | NSE: EASEMYTRIP | Represents Equity.Intra - day transactions are permissible and normal trading is done in this category Series: EQ | ISIN: INE07O001026 | SECTOR: Travel Services Travel Services

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easy trip planners q4 results 2023

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Results of Easy Trip

Easy Trip Consolidated March 2024 Net Sales at Rs 164.04 crore, up 40.69% Y-o-Y

Easy Trip Standalone March 2024 Net Sales at Rs 130.01 crore, up 16.63% Y-o-Y

Stock Radar: Aurobindo, Adani Ports, RVNL, NTPC, Torrent Pharma, Divis Labs, Glenmark in focus on Monday

Easy Trip Standalone December 2023 Net Sales at Rs 128.98 crore, down 1.05% Y-o-Y

Easy Trip Consolidated September 2023 Net Sales at Rs 141.69 crore, up 30.59% Y-o-Y

Results of Travel Services Sector

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Easy Trip Planners Q4 Results | Online travel firm slips into red but revenue jumps 40%

Easy trip planners q4 results | the company's non-air segment saw robust growth with total hotel night bookings at 1.4 lakh, up 39%. other bookings increased 53% at 2.7 lakh. shares of easy trip planners ltd ended at ₹44.16, down by ₹1.15, or 2.54%, on the bse..

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Online travel service provider Easy Trip Planners Ltd on Friday (May 24) reported a net loss of ₹15 crore for the fourth quarter that ended March 31, 2024.

In the corresponding quarter, Easy Trip Planners posted a net profit of ₹31 crore, the company said in a regulatory filing. The company's revenue from operations jumped 40.7% to ₹164 crore against ₹116.6 crore in the corresponding period of the preceding fiscal.

At the operating level, EBITDA rose 16.1% to ₹49.1 crore in the fourth quarter of this fiscal over ₹42.3 crore in the year-ago period. The EBITDA margin stood at 29.9% in the reporting quarter compared to 36.3% in the corresponding period in the previous fiscal. EBITDA is earnings before interest, tax, depreciation, and amortisation.

Also Read: Q4 Results | Finolex Cables declares dividend of ₹8, posts 6% rise in net profit

In the fourth quarter of FY24, the company's non-air segment saw robust growth with total hotel night bookings at 1.4 lakh, up 39%. Other bookings increased 53% at 2.7 lakh. For FY24, the hotel night bookings and the other bookings were 5.2 lakh (up 49%) and 10.4 lakh (up 67%), respectively.

Nishant Pitti, CEO and Co-Founder of Easy Trip Planners, said, "In Q4FY24, we acquired a 50% stake in Jeewani Hospitality to develop a luxurious 150-room Radisson Blu hotel in Ayodhya, expanding our portfolio with high-quality hospitality offerings to 1.5 lakh daily visitors. We diversified our business and expanded our services to better serve our customers by launching a new subsidiary, EaseMyTrip Insurance Broker Private Limited, marking our entry into the ₹7.9 trillion insurance industry."

Also Read: Uno Minda Q4 Results | Auto components maker declares dividend of ₹1.35, profit jumps 58%

The results came after the close of the market hours. Shares of Easy Trip Planners Ltd ended at ₹44.16, down by ₹1.15, or 2.54%, on the BSE.

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BENGALURU (Reuters) – India’s Easy Trip Planners Ltd, which operates online travel website EaseMyTrip.com, posted a 33.5% jump in fourth-quarter profit on Friday, helped by a burgeoning post-pandemic demand for travel.

The company’s consolidated net profit for the quarter ended March 31 rose to 311.5 million rupees ($3.8 million), compared to 233.4 million rupees a year earlier.

Travel-related spending by consumers post COVID restrictions has been strong and steady, benefitting online travel platforms Easy Trip Planners and rival MakeMyTrip Ltd.

India’s domestic passenger volumes will grow on increasing air travel penetration, pent-up demand and improved per-capita income, the company said in a statement.

The company’s expenses more than doubled in the quarter to 763.7 million, led by a three-fold increase in advertising costs, which took a bite out of its profit.

It reported an 83% jump in gross booking revenue (GBR) to 21.43 billion rupees.

Consolidated revenue from operations leapt 92% to 1.17 billion rupees, driven by its mainstay air travel bookings segment, which contributed a hefty 95% to the topline.

Higher demand for air travel also helped Interglobe Aviation, the operator of India’s top airline IndiGo, to offset rising fuel costs and post profit for the second consecutive quarter.

Shares of Easy Trip Planners closed 0.54% up before results.

(1 USD = 82.6001 INR)

(Reporting by Hritam Mukherjee in Bengaluru; Editing by Sonia Cheema)

Disclaimer: This report is auto generated from the Reuters news service. ThePrint holds no responsibilty for its content.

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Easy trip planners q4 results: profit declines 23% to rs 23 crore.

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Total expenses during the quarter were higher at Rs 32.98 crore as compared to Rs 27.18 crore in the year-ago period.For the fiscal year ended March 31, 2022, consolidated net profit was at Rs 105.92 as against Rs 61.01 crore in the previous fiscal, the company said.

EaseMyTrip announces Q4 results

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Technical Trends

Long term considers price movement over the last 6 months, short term considers price movement over the last 1-2 weeks.

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Q4 Results Highlights

  • Total Income ₹164.04 Cr. (40.69%)
  • Operating Profit ₹-24.74 Cr. (NA%)
  • Profit After Tax ₹-33.98 Cr. (NA%)
  • Operating Margin -15.08% (NA%)

Quarterly - Easy Trip Planners Q4 Results

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Easy Trip Planners Q4 results: Profit declines 23% to Rs 23 cr

Air segment bookings grew by 13 percent to 20.5 lakh in the fourth quarter.

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

Online travel service provider, which operates under the EaseMyTrip brand, had posted a consolidated net profit of Rs 30.47 crore in the same quarter of previous fiscal, Easy Trip Planners said in a regulatory filing.

Consolidated revenue from operations during the quarter under review stood at Rs 60.9 crore as against Rs 66.47 crore in the corresponding period a year ago, it added.

Air segment bookings grew by 13 percent to 20.5 lakh in the fourth quarter as compared to 18.2 lakh in the year-ago period, the company said.

Total expenses during the quarter were higher at Rs 32.98 crore as compared to Rs 27.18 crore in the year-ago period.

For the fiscal year ended March 31, 2022, consolidated net profit was at Rs 105.92 as against Rs 61.01 crore in the previous fiscal, the company said.

In FY22, consolidated revenue from operations stood at Rs 235.37 crore as against Rs 138.5 crore in FY21, Easy Trip Planners said.

In the ongoing fiscal, the company said it aims to continue its growth across the air ticketing segment and expand its hotels and holidays segments too. It will look to open corporate offices across UK and US markets as part of efforts for global expansion.

The company has already established its corporate office in Dubai.

On the outlook, Easy Trip Planners said, ''We believe that the next few years are set to be the golden period for Indian OTAs (online travel agents) as the travel and aviation industry, with significant support from the government, will witness a strong growth trajectory.''

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  • EASY TRIP PLANNERS LTD.

Easy Trip Planners Ltd. NSE: EASEMYTRIP | BSE: 543272

Easy Trip Planners Ltd. Live Share Price Today, Share Analysis and Chart

Expensive underperformer.

40.07 -0.59 ( -1.45 %)

25.80% Fall from 52W High

8.6M NSE+BSE Volume

NSE 19 Jul, 2024 3:31 PM (IST)

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Easy trip planners ltd. live price chart, earnings conference calls, investor presentations and annual reports, earnings calls, annual reports, investor presentation, easy trip planners ltd. faq, how is easy trip planners ltd. today, easy trip planners ltd. today is trading in the down by -1.45% at 40.07., how has easy trip planners ltd. performed historically, easy trip planners ltd. is currently trading down -1.45% on an intraday basis. in the past week the stock fell -1.98%. stock has been down -8.52% in the past quarter and fell -4.93% in the past year. you can view this in the overview section..

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Stock EASEMYTRIP

Easy Trip Planners Limited

Ine07o001026, leisure & recreation.

  • Easy Trip Planners Limited Reports Earnings Results for the Second Quarter and Six Months Ended September 30, 2023

Latest news about Easy Trip Planners Limited

Chart easy trip planners limited.

Chart Easy Trip Planners Limited

Company Profile

Income statement evolution, ratings for easy trip planners limited, analysts' consensus, eps revisions, quarterly revenue - rate of surprise, sector travel agents.

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COMMENTS

  1. Easy Trip Planners Quarterly Results, Easy Trip Planners Financial

    Get Easy Trip Planners latest Quarterly Results, Financial Statements and Easy Trip Planners detailed profit and loss accounts. ... 09.11.2023. Easy Trip Consolidated September 2023 Net Sales at ...

  2. Easy Trip Planners Ltd Financial Results

    13 Jul 24 | 02:17 (IST) (10H) Quarterly & Annual Financial Results of Easy Trip Planners Ltd Check latest quarterly results and compare financial performance over past years. Get latest Standalone, Consolidated and Segment wise financial results.

  3. PDF Results of the Company Pursuant to the Regulation 33 of the SEBI

    We have audited the accompanying statement of quarterly and year to date standalone financial results of Easy Trip Planners Limited (the "Company") for the quarter ended March 31, 2023 and for the year ended March 31, 2023 ("Statement"), attached herewith, being submitted by the Company pursuant to the

  4. Easy Trip Planners Ltd Q4 FY2023-2024 Results: Summary

    Easy Trip Planners Ltd's net profit fell -150.56% since last year same period to ₹-15.75Cr in the Q4 2023-2024. On a quarterly growth basis, Easy Trip Planners Ltd has generated -134.49% fall in its net profits since last 3-months.

  5. Transcript : Easy Trip Planners Limited, Q4 2023 Earnings Call, May 26

    News Easy Trip Planners Limited. Transcript : Easy Trip Planners Limited, Q4 2023 Earnings Call, May 26, 2023. Presentation Operator MessageOperator Good evening, ladies and gentlemen. Welcome to the Q4 FY 2023 Earnings Conference Call of EaseMyTrip. Today in this call, we have with us Mr. Prashant Pitti,...

  6. Easy Trip Planners Limited Reports Earnings Results for the Fourth

    Easy Trip Planners Limited reported earnings results for the fourth quarter and full year ended March 31, 2023. For the fourth quarter, the company reported sales was INR 1,165.95 million compared to...

  7. Easy Trip Planners Ltd. Quarterly Results and Financial Statement as of

    Easy Trip Planners Ltd. quarterly, annual results, revenue, profit, P&L, Balance Sheet, Cash Flow, ... 4,886 Q4 FY24 Results declared Nifty 50 Results Today's results ... 52W Low on Aug 23, 2023 5.8M NSE+BSE ...

  8. Easy Trip Planners Quarterly results

    Easy Trip Planners Quarterly Results: Get the key information of Easy Trip Planners Q1, Q2, Q3 and Q4 results, previous Quarterly Results, Quarterly Earnings and comparison on Economic Times. ... Start Your Day Featuring Airtels Big Potential Deal With Paytm Adani Fiasco Interest Rates Geopolitical Tensions Why 2023 Will Be A Tough Year For ...

  9. Easy Trip Planners Q4 Results

    Easy Trip Planners Q4 Results | The company's non-air segment saw robust growth with total hotel night bookings at 1.4 lakh, up 39%. Other bookings increased 53% at 2.7 lakh. Shares of Easy Trip Planners Ltd ended at ₹44.16, down by ₹1.15, or 2.54%, on the BSE. Online travel service provider Easy Trip Planners Ltd on Friday (May 24 ...

  10. India's Easy Trip Planners Q4 profit jumps on travel ...

    Reuters. 26 May, 2023 05:32 pm IST. Follow Us : Text Size: A-. A+. BENGALURU (Reuters) - India's Easy Trip Planners Ltd, which operates online travel website EaseMyTrip.com, posted a 33.5% jump in fourth-quarter profit on Friday, helped by a burgeoning post-pandemic demand for travel. The company's consolidated net profit for the quarter ...

  11. Easy Trip Planners Q4 results: Co reports net profit at Rs 30 crore

    NEW DELHI: Online travel portal Easy Trip Planners Limited (EaseMyTrip) posted a net profit of Rs 30.46 crore in the fourth quarter of FY20-21, significantly up from Rs 3.38 crore in the corresponding period of the previous fiscal.

  12. Calendar Easy Trip Planners Limited

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  13. Easy Trip Planners Q4 Results: Profit declines 23% to Rs 23 crore

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