EaseMyTrip Q1 FY2027: strong bookings, rising non-air mix, but profitability under pressure

Gross Booking Revenue was INR 2,371 crore and revenue from operations was INR 135 crore in Q1 FY27 (consolidated snapshot).

By GBR, flights were 74.1 percent, hotels and holidays 24.9 percent, and trains, buses and others 1.0 percent. By revenue from operations, hotels and holidays were 50.2 percent, flights 40.6 percent, and trains, buses and others 9.2 percent.

Dubai operations recorded GBR of INR 461.81 crore (INR 4,618.1 million) in Q1 FY27 versus INR 318.06 crore in Q1 FY26, a 45.2 percent YoY increase.

Hotel room nights booked were 6.5 lakh in Q1 FY27 versus 3.3 lakh in Q1 FY26, a 95 percent YoY increase.

Transactions were 2.4 lakh in Q1 FY27 versus 4.3 lakh in Q1 FY26, a 45.8 percent YoY decline.

The presentation states an INR 200 crore investment over 2–3 years for R&D and plant setup, and a target to operate 2000+ electric buses across the country by 2027–28 through YoloBus.

Net cash from operating activities was INR -95.10 crore in FY26 versus INR 111.82 crore in FY25, driven by a working capital outflow of INR -97.92 crore in FY26.