EaseMyTrip Slips Into Red With ₹11.7 Cr Loss In Q1; Revenue Rises 18% YoY

EaseMyTrip (EMT) reported a net loss of ₹11.7 Cr for Q1 FY27, reversing a profit of ₹44 Lakh in the same period last year. However, the company's operating revenue increased 18.4% YoY to ₹134.7 Cr. Despite this growth, expenses rose by 29.8% to ₹152.7 Cr, leading to the loss. Operating revenue declined sequentially by 11.3% from Q1 FY26.

Service costs more than doubled to ₹39.2 Cr, while employee benefits and advertising expenses increased. Hotel packages drove revenue growth, with revenue more than doubling to ₹67.6 Cr. Gross booking revenue (GBR) grew 14.8% to ₹2,371 Cr, with the majority coming from flights. EMT highlighted its focus on expanding Dubai operations, AI-led innovations, and strengthening its Hotels & Holidays business.