Easy Trip Planners Reports Q2 Loss, Revenue Decline Amid Market Challenges

Easy Trip Planners , a prominent player in the online travel booking sector, has reported a significant downturn in its financial performance for the second quarter. The company's latest financial results reveal a stark contrast to its performance in the same period last year, highlighting the challenges faced by the travel industry.

Financial Performance Overview

Metric	Q2 (Current Year)	Q2 (Previous Year)	Change
Net Profit/Loss	-327.00 million rupees	259.00 million rupees	-586.00 million rupees
Revenue	1.18 billion rupees	1.45 billion rupees	-18.62%
EBITDA	39.00 million rupees	369.00 million rupees	-89.43%
EBITDA Margin	3.32%	25.50%	-22.18 percentage points

Key Highlights

Swing to Loss: Easy Trip Planners reported a consolidated net loss of 327.00 million rupees in Q2, a significant reversal from the 259.00 million rupees profit recorded in the same quarter of the previous year.
Revenue Decline: The company experienced a notable decrease in revenue, which fell to 1.18 billion rupees from 1.45 billion rupees year-over-year, representing a decline of approximately 18.62%.
EBITDA Compression: The Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) saw a substantial decrease, dropping to 39.00 million rupees from 369.00 million rupees in the previous year's Q2.
Margin Squeeze: The EBITDA margin compressed significantly, falling to 3.32% from 25.50% year-over-year, indicating increased pressure on the company's operational efficiency.

The dramatic shift in Easy Trip Planners' financial performance underscores the volatile nature of the travel industry. While the specific reasons for this downturn are not detailed in the available data, it's evident that the company is navigating through a challenging period. The substantial decrease in revenue and the swing from profit to loss suggest that Easy Trip Planners may be facing headwinds in its core business operations.

Investors and industry observers will likely be keen to understand the factors contributing to this performance decline and any strategies the company plans to implement to address these challenges. As the travel sector continues to evolve, Easy Trip Planners' ability to adapt and recover will be crucial for its future prospects.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-0.25%	+0.13%	-0.25%	-34.24%	-46.93%	+22.12%

Easy Trip Planners Limited , operating under the brand EaseMyTrip, has reported a consolidated net loss of 327.00 million rupees for the second quarter of fiscal year 2026, contrasting with a profit of 259.00 million rupees in the same period last year. The online travel tech platform's financial results reveal a complex picture of growth initiatives amid challenging market conditions.

Revenue and Profitability

The company's revenue from operations declined to 1.18 billion rupees in Q2 FY26 from 1.45 billion rupees in the corresponding quarter of the previous year. This 18.6% year-on-year decrease in revenue reflects the competitive pressures in the travel industry.

EaseMyTrip's EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) margin saw a significant compression, dropping to 3.32% from 25.5% year-on-year. In absolute terms, EBITDA fell to 39.00 million rupees from 369.00 million rupees, indicating increased operational costs and investments in growth initiatives.

Segment Performance

Despite the overall decline, certain segments showed resilience:

Segment	Q2 FY26 Revenue (₹ Million)	YoY Growth
Air Passage	720.91	-22.1%
Hotel Packages	318.39	-2.3%
Other Services	144.09	-26.3%

The hotel and holiday segment demonstrated particular strength, with bookings growing by 93.3% year-on-year, from 2.2 lac to 4.2 lac, averaging 4,600 room nights booked daily.

International Expansion

Easy Trip Planners' Dubai operations have shown remarkable growth, with Gross Booking Revenue (GBR) increasing by 109.7% year-on-year to 3.62 billion rupees. This performance underscores the company's successful international expansion strategy.

Strategic Initiatives

The company has been actively pursuing its EMT 2.0 initiative, focusing on diversification into high-margin segments such as hotels, wellness, holidays, and mobility services. This strategy aims to create a more resilient business model with multiple revenue streams.

Easy Trip Planners has also made significant acquisitions, including a 50% stake in Three Falcons Notting Hill Limited, owner of a luxury boutique hotel in London, marking its entry into the high-end international hospitality market.

Operational Highlights

Gross Booking Revenue: 19.59 billion rupees
Revenue from Operations: 1.18 billion rupees
EBITDA: 121.00 million rupees (9.6% margin, up 76.3% QoQ)
Total Comprehensive Income: 135.00 million rupees

Management Commentary

Nishant Pitti, Chairman, Managing Director & Founder of Easy Trip Planners, commented on the results: "EaseMyTrip delivered a strong sequential performance in Q2 FY26, demonstrating operational resilience and strategic progress across our business verticals. Our Dubai operations sustained an upward trajectory, and the Hotel and Packages segment remained a key driver of growth."

Future Outlook

Looking ahead, Easy Trip Planners plans to continue its international expansion, focusing on new offices, subsidiaries, and regional product verticals. The company is leveraging data-driven strategies and technology-led innovation to enhance the travel experience for its growing global customer base.

While the quarterly loss presents near-term challenges, Easy Trip Planners' strategic investments and diversification efforts may position it for long-term growth in the evolving travel industry landscape. Investors and analysts will be watching closely to see how these initiatives translate into financial performance in the coming quarters.