New Delhi. EaseMyTrip.com,India's leading online travel platform, demonstrated strong performance in Q2FY24 as the company recorded Profit After Tax (PAT) of INR471.8 million (YoYgrowth of 67.2%), maintaining its robust momentum. The company achieved Gross Booking Revenue (GBR) of INR 20,255.8 million and has continued to establish itself among the fewprofitable new-age companies. During this quarter, EaseMyTrip.com strategically acquired majority stakeof 51% in three prominent travel companies: Guideline Travel Holidays Pvt. Ltd. in Mumbai, Trip Shope Travel Technologies Pvt. Ltd. in Kashmir, and Dook Travels Pvt. Ltd. in Delhi. These acquisitions, each renowned for their expertise in different sectors of the travel industry, are set to expand the company's reach into larger markets and provide specialized services to a broader customer base. Additionally, the company is making significant steps towards expanding its offline presence byopening new franchise stores in key Indian cities such as Ludhiana, Jalandhar, Delhi, and Agra.These stores are designed to offer personalized travel experiences, including flight and hotel bookings, transportation, and premium vacation packages. This expansion significantly enhances the company's nationwide network and scalability.
sanjay@value360india.com
0 Comments