Easy Trip gains after fixing record date for 1:1 bonus issue

On 14 October 2024, the company's board had approved the issuance of one bonus equity share for every one fully paid-up equity share held by shareholders (1:1) as on record date.

Easy Trip Planners, the operator of EaseMyTrip.com, is the fastest growing, 2nd largest, and only profitable company in the online travel portal in India. The company offers a comprehensive range of travel-related products and services for end-to-end travel solutions, including airline tickets, hotel and holiday packages, rail tickets, and bus tickets.

The company's consolidated net profit slipped 45.17% to Rs 25.87 crore in Q2 FY25 as compared with Rs 47.18 crore posted in Q2 FY24. Revenue from operations increased 2.1% year on year (YoY) to Rs 144.67 crore in the quarter ended 30 September 2024.