Easy Trip Q1 FY23 Result Highlights

Q1 Consolidated Revenue up 167% and Net Profit up 114%
In Q1 Gross Booking Revenue (GBR) at Rs.1663 Cr growth 366% YoY
In Q1 Air Segment Booking growth 212% YoY
Expanded to New Zealand, already present in Dubai, UK, Singapore, Philippines, Thailand and USA, to capture international air ticketing and hotel business
GMV from Dubai office in Q1 is Rs.7 Cr
With emergence of New Airport and New Airlines OTA are being preferred more compared to direct channel or offline travel agent
Covid has positively impacted OTAs with pandemic forcing to book online instead of physical visit to travel agents
Expecting GBR to touch Rs.7000 Cr in FY23 (Vs Rs.3715 Cr in FY22 and Rs.4205 Cr in FY20)
Air Segment Ticket Booking 30% International 70% Domestic

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