The shrinking loss came as the OTA’s operating revenue zoomed 33.5% to ₹157.9 Cr during the quarter under review from ₹118.3 Cr in Q2 FY26
Overall, the OTA claimed that its gross booking revenue grew 25.5% to ₹2,458.4 Cr in Q2 FY27 as against ₹1,958.7 Cr in the corresponding quarter last year
Meanwhile, total expenses also surged 36.5% to ₹164.2 Cr in Q2 FY27 from ₹120.3 Cr in the year-ago quarter
Online travel aggregator (OTA) Easemytrip managed to narrow its consolidated net loss by 98.4% to ₹56.5 Lakh in the second quarter (Q2) of the fiscal year 2026-27 (FY27) compared to a loss of ₹36 Cr in the year-ago quarter.
On a sequential basis, the company also managed to trim its losses by 95.2% from ₹11.7 Cr in Q1 FY27.
The shrinking loss came as the OTA’s operating revenue zoomed 33.5% to ₹157.9 Cr during the quarter under review from ₹118.3 Cr in Q2 FY26. On a quarter-on-quarter (QoQ) basis, the startup’s top line also rose 17.3% from ₹134.7 Cr in the preceding June quarter.
Including other income of ₹10 Cr, EaseMyTrip’s total income stood at ₹168 Cr in the quarter under review.
Meanwhile, total expenses also surged 36.5% to ₹164.2 Cr in Q2 FY27 from ₹120.3 Cr in the year-ago quarter. Service costs soared 169.9% YoY to nearly ₹40 Cr in the quarter ended September 2026, while employee benefit expenses rose a marginal 2.4% to ₹31.9 Cr.
Overall, the uptick in the OTA’s top line was driven by its hotel packages business. As per its financial statements, the segment’s revenue surged 189% YoY to ₹92 Cr in Q2 FY27. However, the company’s air passage revenue declined 21.9% YoY to ₹56.3 Cr, while other services’ top line tanked 33.1% YoY to ₹9.6 Cr in the quarter under review.
In its investor presentation, EMT also claimed that its quarterly hotel night bookings zoomed 87.5% YoY to 7.9 Lakh in Q2 FY27, while the trains, buses, and others segment recorded a 39% YoY decline in transactions to 2 Lakh.
Overall, the OTA claimed that its gross booking revenue (GBR) grew 25.5% to ₹2,458.4 Cr in Q2 FY27 as against ₹1,958.7 Cr in the corresponding quarter last year.
Flights still accounted for the biggest chunk of EMT’s total GBR in Q2 FY27 at 69.6%, while hotels and holiday packages brought in 28.9%. Trains, buses and other services made up the remaining 1.4%.
In a statement, EaseMyTrip also noted that its Dubai operations continued to see strong business momentum during the quarter.
The OTA’s Dubai operations clocked a GBR of ₹556 Cr in Q1 FY27, up 53.6% from ₹362 Cr in Q2 FY26.
Going forward, the company said that it plans to focus on diversification, international expansion and AI-led “innovation”.
“… The company is also pursuing international growth opportunities through corporate partnerships, including initiatives in Latin America, Brazil, US, UK and Thailand. International expansion remains an important pillar of Vision 2030, providing EaseMyTrip with opportunities to broaden its geographic presence and develop additional sources of business,” added EMT in a statement.
Shares of EMT closed Friday’s trading session 1.01% higher at ₹6.01 apiece on the BSE.