EaseMyTrip Reports Rs 15.07 Crore Loss in March Quarter
Travel booking platform EaseMyTrip reported a consolidated loss of Rs 15.07 crore for the March quarter, compared to a profit of Rs 31.05 crore a year ago. For the full fiscal year, the company reported a reduced profit of Rs 103.46 crore. Total income rose, but expenses also increased.
- Country:
- India
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.
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.
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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