EaseMyTrip has announced its financial results for the second quarter and first half of fiscal year 2027 (Q2 FY27 & H1 FY27). The company reported a 33.5% year-on-year growth in Revenue from Operations, reaching ₹158 crore for Q2 FY27. Consolidated Gross Booking Revenue also saw a 25.5% increase, totaling ₹2,458 crore. These results reflect positive momentum in the company’s diversification strategy, including electric bus deployment, expansion of hotel bookings, and international growth.
EaseMyTrip Announces Strong Q2 FY27 Performance
EaseMyTrip, a leading online travel technology platform, has unveiled its financial results for the second quarter and the first half of fiscal year 2027 (Q2 FY27 and H1 FY27), highlighting significant advancements in its Vision 2030 strategy. The company reported robust growth across key financial metrics, underscoring the success of its diversification initiatives beyond core online travel agency (OTA) operations.
Key Financial Highlights for Q2 FY27
For the second quarter of FY27, EaseMyTrip achieved a notable 33.5% year-on-year growth in Revenue from Operations, amounting to ₹158 crore. The Consolidated Gross Booking Revenue (GBR) saw a 25.5% increase, reaching ₹2,458 crore. These figures demonstrate the company’s expanding market presence and the effectiveness of its strategies to drive top-line growth.
H1 FY27 Performance
In the first half of FY27, the company continued its growth trajectory. Revenue from Operations stood at ₹293 crore, registering a 26.1% year-on-year growth. GBR for H1 FY27 was ₹4,829 crore, up 20% compared to the previous year. These results reflect the sustained strength of EaseMyTrip’s core business and its ability to build additional growth engines.
Diversification Strategy in Action
The company’s diversification into new verticals is showing early positive signs. Key developments include:
- Electric Bus Deployment: Ease Green Mobility (EMTev), EaseMyTrip’s electric mobility arm, commenced electric bus deployment in Bhopal, marking a significant step in the company’s commitment to sustainable transportation.
- International Growth: Dubai operations recorded GBR of ₹556 crore in Q2 FY27, a 53.7% year-on-year increase. The company is also pursuing international expansion through corporate partnerships in regions like Latin America, Brazil, the US, UK, and Thailand.
- Hotels and Packages Growth: The Hotels and Packages segment revenue surged by 188.8% year-on-year to ₹92 crore in Q2 FY27. Hotel segment bookings increased by 87.5% to 7.9 lakh.
- Spiritual and Domestic Tourism: The dedicated spiritual and domestic tourism vertical, EasyDarshan, is gaining traction. Notable initiatives include a partnership with the Government of Jharkhand to promote tourism and a mandate to manage pilgrimage travel for over 2 lakh devotees in Punjab.
- AI-Led Innovation: With a customer repeat booking rate exceeding 90%, EaseMyTrip is enhancing its AI capabilities for personalized and proactive travel services, including solutions like ReSave and EVA. A WhatsApp-based interface is set to launch in H2 FY27 to improve customer query handling.
Vision 2030 Progress
Rikant Pittie, Co-founder & CEO of EaseMyTrip, commented, “These results reflect the strength of our core business as we continue to build additional growth engines across travel, mobility and technology. Vision 2030 brings these initiatives together under a common strategic direction. Rather than viewing each new business as an isolated opportunity, we are building a more diversified travel and mobility ecosystem, supported by technology, international expansion and a strong focus on execution.”
Source: BSE
