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EaseMyTrip slips into red, reports Rs 15 cr loss in Q4

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NewsDrum Desk
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New Delhi: Travel booking platform EaseMyTrip on Friday reported a loss of Rs 15.07 crore for the March quarter on a consolidated basis, as against a profit after tax (PAT) of Rs 31.05 crore a year ago.

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For the full financial year ended March, the company reported a PAT of Rs 103.46 crore down from Rs 134.10 crore in the previous fiscal, the company said in a regulatory filing.

Its total income for the fourth quarter of FY24 rose to Rs 172.55 crore, as against Rs 120.79 crore in the year-ago period.

However, its total expenses also increased to Rs 117.48 crore in the March quarter, from Rs 76.36 crore a year ago.

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The company's scrip settled at Rs 44.16, down 2.54 per cent from the previous day's close on the BSE.

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