By Kavita Mistry 
EaseMyTrip reported a steady second quarter in FY26, driven by strong performance in its non-air segments and continued momentum in international markets, particularly Dubai. The company recorded a gross booking revenue of Rs 1,958.7 crore and revenue from operations of Rs 118.3 crore. EBITDA stood at Rs 12.1 crore with a margin of 9.6 per cent, marking a sequential increase of 76.3 per cent. Total comprehensive income for the quarter was Rs 13.5 crore.
Growth in high-margin verticals remained the standout theme of the quarter. Hotel and holiday bookings surged 93.3 per cent year-on-year, rising from 2.2 lakh to 4.2 lakh, translating to an average of 4,600 room nights booked daily. The trains, buses and others segment also grew by 16 per cent year-on-year, with bookings increasing from 2.8 lakh to 3.3 lakh.
International markets continued to play a central role in the company’s expansion strategy. Dubai operations delivered one of the strongest quarters on record, posting gross booking revenue of Rs 361.7 crore, up 109.7 per cent from Rs 172.5 crore a year ago. The company said the jump reflects rising outbound demand, deeper local partnerships and operational scale-up in one of its key overseas markets.
Nishant Pitti, Chairman, Managing Director and Founder of Easy Trip Planners, said the quarter’s results validate the company’s strategy to diversify beyond air travel and deepen its presence in growth markets. “EaseMyTrip delivered a strong sequential performance in Q2 FY26, demonstrating operational resilience and strategic progress across our business verticals. This quarter’s performance reflects the strength of our diversified business model, the success of our non-air strategy and our continued commitment to expand EaseMyTrip’s global footprint,” he said.
He added that the company’s Dubai operations have sustained an upward trajectory. “We achieved a 109.7 per cent year-on-year increase in gross booking revenue from Dubai, highlighting the effectiveness of our international growth initiatives. The hotel and packages segment remained a key driver of growth, delivering a 93.3 per cent year-on-year increase in bookings,” Pitti said.
The quarter also marked significant progress under the company’s EMT 2.0 strategy, which focuses on building a comprehensive travel ecosystem spanning wellness, mobility, hotels, holidays and other high-margin verticals. The company said the strategy aims to create multiple revenue streams and strengthen the resilience of its business model, while positioning EaseMyTrip as a full-stack travel solution.
Q2 saw multiple acquisitions aimed at expanding the company’s international and domestic footprint. EaseMyTrip acquired a 50 per cent stake in Three Falcons Notting Hill Limited, which owns The Knight of Notting Hill, a luxury boutique hotel in London, marking its entry into the premium international hospitality segment. The company also acquired 100 per cent of AB Finance Private Limited, which owns a premium commercial property in Gurugram, strengthening its operational infrastructure.
EaseMyTrip also expanded its partnership portfolio during the quarter. Its collaboration with Hoi led to the launch of India’s first smart kiosk rewards programme at airports, offering passengers instant coupons and monthly vouchers. A tie-up with MoEngage aims to deepen customer retention and boost lifetime value through real-time, personalised engagement.
The company’s Q4 FY25 numbers reflected a strategic realignment phase. GBR stood at ₹2,192.7 crore, and revenue from operations at ₹139.5 crore. While EBITDA dipped to ₹17.3 crore from ₹57.7 crore in Q4 FY24, the company’s bottom line showed resilience, posting a total comprehensive income of ₹18.5 crore against a loss of ₹14.7 crore in the same period last year.
The company co-presented the Filmfare Awards Punjabi 2025, which returned after eight years. The association offered significant brand visibility and supported the company’s broader push into cultural and lifestyle partnerships. In the sports and youth segment, EaseMyTrip partnered with FreeAgent to support travel requirements of cricketers and sports professionals, and signed an MoU with Timbuckdo to offer discounted travel solutions for students.
To stimulate demand in the domestic market, the company rolled out two major campaigns: the Azadi Mega Sale during Independence Day and the Dussehra Sale in September. Both campaigns offered deep discounts across flights, hotels, buses, cabs and holiday packages in partnership with leading banks and airlines.
During the quarter, the company also announced a key leadership update, with Nishant Pitti assuming the role of Chairman and Managing Director, reinforcing strategic continuity as the business scales globally.
EaseMyTrip now has a presence across 10 countries and serves more than 30 million customers. The company supports over 72,000 registered travel agents and has partnerships with more than 400 domestic and international airlines. Its hotel inventory spans 2.9 million properties worldwide, supported by a workforce of 1,700 employees. It also maintains a repeat transaction rate of 94 per cent.
The company said it will continue pursuing international expansion, strengthening regional product verticals and leveraging data-driven strategies to personalise and enhance the customer experience. As part of EMT 2.0, EaseMyTrip aims to deepen its role as a one-stop travel platform and tap emerging opportunities across hospitality, mobility and global travel services.
