EaseMyTrip Q1FY22: Consolidated net profit jumps six-fold to Rs 15 crore

“Despite the challenges posed by the second wave of the pandemic, EaseMyTrip has delivered robust growth in one of the most disruptive periods for the travel and tourism industry. This was possible due to the increase in operational efficiencies and our model of working on lean cost of operations," EaseMyTrip Co-founder and CEO Nishant Pitti said. The fact that the company recorded its highest-ever profitability in 2020-21, and continues to stay profitable in the June quarter of the current fiscal year is a testament to its resilience and ability to adapt to the changing external environment, he added.

"With a substantial decline in cases and vaccination numbers picking up, we are optimistic about the recovery of the travel industry, and expect to sustain our growth on the back of a strong pent-up demand for travel," Pitti said.

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Shares of the company were trading at Rs 478.05 apiece on BSE, up 0.83 percent from the previous close.