Deciding two connected writ petitions arising from a common Industrial Tribunal Award, the Delhi High Court set aside the Tribunal's direction granting hotel workmen a further…
Labour Laws
06/09/20264 min read
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EaseMyTrip Q1: Profit Crashes 99% YoY to INR 44 Lakh
Financial ManagementStock Market
Online travel aggregator EaseMyTrip reported a 99 % year-on-year plunge in Q1 profit, down to INR 44 lakh amid rising operational costs and increased competition. Despite revenue growth, narrowed margins and elevated overheads weighed on earnings. This sharp decline flags pressures on digital travel firms to rein in costs and optimize profitability in a challenging macroeconomic environment. (Word count: ~85)
