Startup Originals Team
Online travel platform EaseMyTrip reported an 18.4% year-on-year increase in revenue from operations to ₹134.7 crore in the first quarter of FY27, compared with ₹113.79 crore in the same quarter last year.
Despite the revenue growth, the company slipped into a consolidated loss of ₹11.69 crore in Q1 FY27, compared with a profit of ₹44.3 lakh in Q1 FY26. The decline came as expenses increased at a faster pace than revenue during the quarter.
EaseMyTrip’s total expenses rose nearly 30% year-on-year to around ₹152.7 crore from ₹117.66 crore a year earlier. The company also reported Gross Booking Revenue (GBR) of ₹2,371 crore, up 14.8% year-on-year.
What Happened?
EaseMyTrip’s Q1 FY27 performance shows a mixed picture, with strong growth in several non-air travel segments but increased costs putting pressure on profitability.
Revenue from operations increased to ₹134.7 crore from ₹113.79 crore in Q1 FY26. However, on a sequential basis, revenue declined by more than 11% from the previous quarter.
Including other services and non-operating income, EaseMyTrip’s total income stood at around ₹141.2 crore, compared with ₹119.6 crore in the corresponding quarter of the previous year.
The company’s expenses increased significantly during the period. Service costs more than doubled to approximately ₹39.2 crore, while employee benefit expenses stood at ₹32.75 crore.
Advertising and sales promotion expenses increased to ₹18.5 crore, while payment gateway charges stood at ₹16.4 crore.
EaseMyTrip Q1 FY27 Revenue Gets Boost From Hotels
The hotels and packages business was one of the strongest performers during the quarter.
Revenue from hotel packages more than doubled to ₹67.6 crore in Q1 FY27 from ₹32.5 crore in the year-ago period. Hotel room-night bookings also increased 95.4% year-on-year to 6.47 lakh from 3.31 lakh.
This translates to an average of roughly 7,000 room nights booked each day, highlighting the growing contribution of non-flight businesses to EaseMyTrip’s overall operations.
The company has been working to reduce its dependence on air-ticketing by expanding into hotels, holiday packages and other travel-related services.
Air-ticketing revenue, however, declined around 4% year-on-year to ₹54.7 crore during the quarter.
The shift towards hotels and other travel services is part of EaseMyTrip’s broader strategy of building multiple revenue streams within its travel ecosystem.
Dubai Operations Continue To Grow
EaseMyTrip’s international operations also delivered strong growth during Q1 FY27.
Gross Booking Revenue from its Dubai operations increased 45.2% year-on-year to ₹461.8 crore. The growth came despite what the company described as a challenging operating environment in the Middle East.
Dubai has emerged as an important part of EaseMyTrip’s international expansion strategy. The company has been using the market as a base to capture cross-border travel demand and expand its international business.
The performance builds on the momentum seen in FY26. EaseMyTrip’s investor presentation showed that its Dubai business generated ₹1,530.69 crore in GBR during FY26, up 118.2% from ₹701.37 crore in FY25.
International expansion remains a key part of the company’s Vision 2030 roadmap, alongside diversification and technology investments.
EaseMyTrip Expands Beyond Flight Bookings
EaseMyTrip is increasingly focusing on businesses beyond its traditional flight-booking operations.
The company is expanding across hotels, holidays, visa services, airport services, duty-free offerings and travel experiences. This strategy is intended to create a broader travel ecosystem and reduce reliance on a single segment.
The latest quarter indicates that this strategy is beginning to show up in the company’s operating mix. While air-ticketing revenue declined, hotel packages delivered strong growth.
The company had also reported strong growth in non-air segments during FY26. In Q1 FY26, hotel and holiday bookings grew 81.2% year-on-year, while Dubai operations recorded a 151% increase in GBR.
EaseMyTrip Invests In AI-Based Travel Tools
Technology and artificial intelligence are another important part of EaseMyTrip’s long-term strategy.
The company is developing ReSave, an AI-based tool designed to monitor existing flight bookings and identify opportunities for customers to save money if a lower fare becomes available.
The system is intended to evaluate whether changing a booking would actually result in a saving after considering cancellation or modification fees, fare conditions, baggage charges, seat costs and other expenses.
EaseMyTrip has also developed EVA, an AI-powered virtual travel assistant, and has integrated its services with ChatGPT.
These initiatives form part of the company’s wider technology strategy as it looks to make travel planning and booking more personalised and automated.
Company Background
EaseMyTrip is an Indian online travel technology company that operates across flight bookings, hotels, holiday packages and other travel services.
The company has been expanding beyond its core air-ticketing business through its non-air segments and international operations.
Its earlier financial performance shows the increasing importance of these newer businesses. In Q1 FY26, EaseMyTrip reported revenue from operations of ₹113.8 crore, GBR of ₹2,065.8 crore and EBITDA of ₹6.9 crore.
The company has also been strengthening its international presence, with Dubai becoming one of its fastest-growing overseas operations.
Its Vision 2030 strategy is focused on building several growth engines through technology, international markets and diversification across the travel ecosystem.
Why This Matters
EaseMyTrip’s Q1 FY27 results highlight the challenge of growing revenue while controlling operating costs.
The 18.4% increase in revenue and 14.8% growth in GBR show that customer activity remains strong. However, the company’s return to a quarterly loss indicates that higher operating expenses are currently weighing on the bottom line.
The strong performance of hotels and Dubai operations provides some support for EaseMyTrip’s diversification strategy. Hotel package revenue more than doubled, while Dubai GBR increased 45.2% year-on-year.
At the same time, the decline in air-ticketing revenue shows why the company is attempting to develop alternative sources of growth.
The next phase will therefore depend on whether EaseMyTrip can scale these newer businesses while bringing expenses under control.
Future Plans
EaseMyTrip plans to continue expanding its presence across hotels, holidays, visa services, airport services, duty-free offerings and travel experiences as part of its Vision 2030 strategy.
The company is also expected to continue investing in AI-powered travel products such as ReSave and EVA as it looks to improve customer experience and create technology-led services.
International expansion, particularly through Dubai, will remain another important growth area.
The company’s earlier investor presentation showed that Dubai had already become a major contributor to international GBR, with FY26 revenue momentum supported by continued operational scale-up.
The key challenge for EaseMyTrip will be balancing this expansion with tighter cost management. If the company can improve profitability while maintaining growth in hotels, international operations and technology-led services, its diversification strategy could become a more meaningful contributor to long-term growth.
Conclusion
EaseMyTrip’s Q1 FY27 revenue increased 18.4% to ₹134.7 crore, while Gross Booking Revenue climbed 14.8% to ₹2,371 crore. However, the company reported a consolidated loss of ₹11.69 crore as expenses grew faster than revenue.
The quarter also highlighted the growing contribution of hotels and international operations. Hotel package revenue more than doubled, hotel room-night bookings nearly doubled, and Dubai GBR rose 45.2% year-on-year.
For EaseMyTrip, the immediate priority will be to turn this growth into sustainable profitability. Its Vision 2030 strategy, international expansion and investments in AI will be central to that effort as the company builds a broader travel business beyond flight bookings.
