Financial Performance Summary

Q2 FY27 Results:

  • Consolidated Gross Booking Revenue: ₹2,458 crore (25.5% YoY growth)
  • Revenue from Operations: ₹158 crore (33.5% YoY growth)
  • Hotels and Packages Revenue: ₹92 crore (188.8% YoY growth)
  • Hotel segment bookings: 7.9 lakh (87.5% YoY growth from 4.2 lakh)

H1 FY27 Results:

  • Gross Booking Revenue: ₹4,829 crore (20.0% YoY growth)
  • Revenue from Operations: ₹293 crore (26.1% YoY growth)

Operational Highlights

Dubai Operations:

  • Gross Booking Revenue: ₹556 crore (53.7% YoY growth from ₹362 crore)
  • International expansion opportunities being pursued in Latin America, Brazil, US, UK, and Thailand

Electric Mobility Initiative:

  • Easy Green Mobility (EMTev) commenced electric bus deployment in Bhopal during Q2 FY27
  • Marks progress on the electric mobility initiative announced in September 2024
  • Deployment occurred despite global supply chain disruptions

EasyDarshan Spiritual Tourism Vertical:

  • Signed MoU with Department of Tourism, Government of Jharkhand in July 2026 to promote spiritual, cultural and nature-based tourism
  • Secured Punjab Government mandate under Mukh Mantri Tirth Yatra Yojana to manage pilgrimage travel for over 2 lakh devotees from Bathinda to Amritsar over 12 months
  • Focus on promoting destinations including Shri Baidyanath Dham, temples, waterfalls, forests, and cultural heritage

Technology and AI Initiatives:

  • Customer repeat booking rate exceeds 90%
  • Developing ReSave: AI-led solution to monitor existing flight bookings and identify post-booking savings opportunities
  • Developing EVA: AI-powered virtual travel assistant for travel discovery and planning
  • ChatGPT Apps integration for conversational travel discovery
  • WhatsApp-based interface to be launched in H2 FY27, enhancing customer query handling capability by 2x

Strategic Context

The results reflect progress on EaseMyTrip's Vision 2030 roadmap, which aims to transform the company from a conventional online travel booking platform into a broader travel, mobility and technology ecosystem. The strategy focuses on developing multiple growth engines through diversification, international expansion, and AI-led innovation.

Management Commentary

Rikant Pittie, Co-founder & CEO, stated: "These results reflect the strength of our core business as we continue to build additional growth engines across travel, mobility and technology. The commencement of electric bus deployment in Bhopal during the quarter is an important milestone... Our Dubai operations continue to demonstrate encouraging momentum... These are early positive signs that our Vision 2030 priorities are beginning to show results."

Forward-Looking Statements

The release includes standard forward-looking statements noting potential risks including: general economic conditions, ability to implement strategy, research and development efforts, growth and expansion plans, technological changes, currency fluctuations, interest rate changes, regulatory changes, increasing competition, and political conditions in India.