EaseMyTrip office in Dubai at dusk, Q4 FY26 loss displayed.
Online travel aggregator EaseMyTrip has reported a net loss of ₹15.4 Cr for the fourth quarter of FY26, a significant downturn from the ₹13.9 Cr profit recorded in the same quarter last year. This marks a challenging end to the fiscal year, with the company also swinging to an annual loss of ₹47.5 Cr for FY26, compared to a profit of ₹108.6 Cr in FY25.
The company’s operating revenue for Q4 FY26 saw a modest year-on-year increase of 8.9%, reaching ₹151.9 Cr from ₹139.5 Cr in Q4 FY25. Sequentially, the top line remained relatively flat, growing by only 0.1% from ₹151.6 Cr in the preceding quarter. Total expenses for the quarter surged by 38.6% year-on-year and 18.4% quarter-on-quarter to ₹153.2 Cr, contributing to the net loss.
The air ticketing segment, traditionally the largest revenue contributor, experienced a decline of 14.7% year-on-year, bringing in ₹80 Cr in Q4 FY26. However, the hotels and packages segment showed substantial growth, with revenue surging by nearly 148% to ₹57.8 Cr. This segment now accounts for approximately 38% of the company’s revenue, while air ticketing constitutes about 52.7%.
Despite the financial setbacks, EaseMyTrip highlighted strong traction in its hotels, holidays, and international operations. Gross booking revenue for the quarter stood at ₹2,138 Cr. The Dubai operations proved to be a significant growth driver, clocking ₹453 Cr in gross booking revenue, up 95.7% year-on-year.
Looking ahead, EaseMyTrip plans to raise ₹500 Cr to bolster its focus on hotels, holidays, technology, and strategic opportunities. The company also intends to integrate ChatGPT into its AI suite, diversify into new categories, and leverage Dubai as a strategic international hub for global expansion, as outlined in its Vision 2030 roadmap.
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