EaseMyTrip entered the second quarter of FY26 with challenging financial results. The online travel platform, known widely for its flight and hotel booking services, reported a dip in earnings and a rise in expenses. This combination pushed the company into losses for the quarter. While the numbers reflect a tough phase, certain business segments continued to show encouraging growth, offering hope for long-term recovery. Here is a clear and easy breakdown of the company’s Q2 performance.
Revenue Falls as Market Conditions Turn Tough
EaseMyTrip’s operating revenue for Q2 FY26 stood at ₹118 crore. This is significantly lower than the ₹145 crore reported during the same period last year. The drop shows the pressure the company faced in its main revenue-generating areas, especially air ticket bookings. The company also saw its total income fall to ₹126 crore as travel demand became uneven and competition in the online travel space grew stronger.
On the cost side, the pressure increased. Total expenses rose to ₹120 crore, compared to ₹113 crore last year. Employee-related costs, payment gateway charges, and marketing expenses together played a big role in this rise. These higher costs, along with lower revenue, resulted in a net loss of ₹36 crore for the quarter. In contrast, EaseMyTrip had posted a profit of ₹27 crore in the same quarter of the previous financial year. The shift from profit to loss highlights how market fluctuations and rising costs affected the platform’s financial stability.
Strong Growth Continues in Hotel, Holidays and Mobility
Even though revenue dipped, EaseMyTrip’s other business segments performed strongly. The company recorded healthy growth in Gross Booking Revenue, which crossed ₹1,950 crore during the quarter. The hotel and holiday vertical performed especially well, with hotel room nights booked by customers nearly doubling compared to last year. This signals a positive trend in non-air travel categories, where customers are now increasingly choosing full travel packages rather than just flight tickets.
Mobility services, including trains, buses, and other transport options, also witnessed steady growth. Customers explored more affordable and convenient travel choices, helping the mobility segment expand further. The company’s international business delivered impressive results as well, especially in Dubai, where Gross Booking Revenue more than doubled. This reflects EaseMyTrip’s gradual move towards becoming a global travel service, not just an India-focused platform.
Leadership Changes and Fresh Capital Raise
During the quarter, EaseMyTrip strengthened its leadership team by appointing a new Chief Technology Officer and Chief Marketing Officer. These appointments are expected to accelerate the company’s technological upgrades and branding activities. Along with leadership changes, the company also approved issuing new shares worth more than ₹500 crore. This capital will be used to expand operations, invest in the hotel and holiday segment, improve customer experience, and carry forward its long-term strategy.
What These Results Mean for the Company’s Future
EaseMyTrip is now focusing heavily on its EMT 2.0 strategy. The goal is to reduce dependence on air ticket bookings and establish a full-stack travel ecosystem. With stronger performance in hotels, holidays, mobility, and international business, the company believes it can stabilise revenue and return to profitability. Although Q2 brought challenges, the strong non-air segments, rising global presence, and fresh investments suggest that EaseMyTrip is preparing for a more balanced and resilient future.