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31 May, 2025
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EaseMyTrip growth continues with gross merchandise value at ₹8,691.6 cr in FY25
@Source: thehindubusinessline.com
EaseMyTrip.com growth continues with a strong financial performance for the fourth quarter and full fiscal year 2024-25 (FY25), driven by robust performance across multiple verticals and strategic expansion into new domestic and international markets. According to the company’s statement, Gross Booking Revenue (GBR) for Q4 FY25 stood at ₹2,192.7 crore, while revenue from operations touched ₹139.5 crore. For the entire financial year that ended on March 31, 2025, EaseMyTrip recorded a gross booking revenue of ₹8,691.6 crore. Revenue from operations reached ₹587.3 crore. The company reported an EBITDA of ₹17.3 crore in Q4, with a margin of 12.1 per cent. Total comprehensive income during the quarter was ₹18.5 crore. The company’s EBITDA for the year was ₹161.2 crore with a margin of 26.7 per cent, while total comprehensive income stood at ₹117.1 crore. A major contributor to this performance was the company’s focus on strengthening its non-air segment, which saw significant year-on-year growth. In Q4 FY25, the Hotels and Holidays segment grew by 189 per cent YoY. Hotel night bookings rose to 2.8 lakh, marking a 101.3 per cent increase compared to the same period last year. For the full year, hotel night bookings increased by 81 per cent, reaching 9.3 lakh compared to 5.2 lakh in FY24. The Trains, Buses and Others segments also recorded healthy growth. In Q4 FY25, bookings increased from 2.7 lakh to 3.6 lakh, representing a 32 per cent rise YoY. For the full fiscal year, bookings in these segments rose by 26 per cent, touching 13.03 lakh compared to 10.4 lakh in the previous financial year. For the entire FY25, the Dubai vertical registered a GBR of ₹701.4 crore, up from ₹205 crore in FY24, reflecting a 242.2 per cent year-on-year growth. The performance highlighted the company’s ability to tap into international markets effectively. To further its global ambitions, EaseMyTrip set up new wholly owned subsidiaries in Brazil and Saudi Arabia, named Easy Trip Planners Do Brasil Ltda. and Easy Trip Planners Limited, respectively. These moves mark the company’s official entry into two fast-growing travel markets. Brazil’s travel sector is projected to reach $22.3 billion by 2028, while Saudi Arabia’s tourism industry is expected to more than double to $110.1 billion by 2033. Establishing an early presence in these regions is a part of EaseMyTrip’s strategy to diversify geographically and capture new demand. EaseMyTrip has also expanded its footprint in the Middle East and the US. It invested in two Dubai-based firms, Ease My Trip Tours L.L.C. (EMT Tours) and Ease My Trip Holiday Homes L.L.C. (EMT Holiday). In the United States, the company made additional investments in EaseMyTrip USA. These steps align with the company’s goal to grow globally while managing operations efficiently from India, maintaining quality and consistency across markets. Back home, EaseMyTrip continued to focus on expanding its offline presence in smaller cities.Overall, FY25 has been a landmark year for EaseMyTrip, marked by strong financial performance, international expansion, domestic reach, and innovative offerings across segments. (ANI) Published on May 31, 2025
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