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Today Date : Friday, May 24, 2024

EaseMyTrip reveals profit hikes by 125% YoYQ1 FY 2023

EaseMyTrip reveals profit hikes by 125% YoYQ1 FY 2023

EaseMyTrip has announced a positive Q1 FY2023 results , reporting a profit jumps by 125 per cent YoY and 45.36 per cent QoQ .

According to an official communication, the company did not only join the elite club of India's first 100 unicorns last fascial while remaining bootstrapped and consistently profitable but has also grown in Gross Booking Revenue ( GBR ) this quarter by 366 per cent to INR 1,663.1 crore from Rs. 356.7 crore as compared with Q1 FY22 and Profits After Tax ( PAT ) by INR 33-7 crore from Rs. 14.9 crore Y - O - Y in Q1 FY23 

" We are witnessing the golden era for the Indian OTAs with significant support from the government the industry is set reach ultimate heights due to the growing demand . 

As a result , EaseMyTrip is prepared to continue its dream run of delivering consistent profits while supporting the revival of the travel ecosystem," said company officials.