EaseMyTrip Reports Rs 15 Cr Loss in Q4
EaseMyTrip reported a Rs 15.07 crore loss in the March quarter, a significant drop from the previous year's profit. The company's total income rose, but expenses also increased.
New Delhi, May 24 (PTI) 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.
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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