EaseMyTrip Q2 PAT declines to INR 26.8 Cr

EaseMyTrip, an online travel agency, reported a decline in its profit after tax (PAT) to INR 26.8 crore for the second quarter. The decrease in profitability is attributed to higher operational costs, marketing expenses, and the impact of travel restrictions in certain regions. Despite the decline in PAT, EaseMyTrip saw an increase in its gross booking revenues, reflecting a steady demand for travel services. The company is focusing on cost optimization and expanding its service offerings to enhance profitability. The management remains optimistic about the long-term growth potential of the travel industry and aims to leverage its strong market position.