Online travel aggregator (OTA) platform EaseMyTrip announced its financial results for the Q1 FY27. The company’s operating revenue grew 18.5% year-on-year, while it slipped into the red, reporting a net loss of Rs 11.7 crore. EaseMyTrip’s operating revenue grew 18.5% year-on-year to Rs 134.7 crore in Q1 FY27 from Rs 113.7 crore in Q1 FY26, according to its consolidated financial statements filed with the National Stock Exchange (NSE). Sequentially, revenue declined over 11%. Hotel packages emerged as the largest revenue contributor, accounting for over 50% of operating revenue. Revenue from the segment more than doubled to Rs 67.6 crore in Q1 FY27 from Rs 32.5 crore in Q1 FY26. Hotel room night bookings also rose 95.4% YoY to 6.47 lakh, averaging around 7,000 bookings per day. Air ticketing revenue declined 4% YoY to Rs 54.7 crore in Q1 FY27, following a 14% decline in the previous quarter. Including other services and non-operating income, EaseMyTrip’s total income rose to Rs 141.2 crore from Rs 119.6 crore in Q1 FY26. EaseMyTrip’s total expenses rose 30% year-on-year to Rs 152.6 crore in Q1 FY27. Service cost remained the largest expense at Rs 39.2 crore, more than doubling from the year-ago period, while employee benefit expenses stood at Rs 32.75 crore. Advertisement and sales promotion expenses increased to Rs 18.5 crore, while payment gateway charges stood at Rs 16.4 crore during the quarter. The rise in service costs and other operating expenses, coupled with slower…

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