Easy Trip Planners reports Q2 loss, hit by exceptional items

Easy Trip Planners Limited reported a consolidated net loss of INR (360.43) million for the quarter ended September 30, 2025, a stark contrast to the net profit of INR 267.96 million in the prior year. This decline is largely attributed to exceptional items totaling INR 509.57 million, which included a provision for an unrecoverable amount from a General Sales Agent (GSA) Agreement with an airline operator. For the six months ended September 30, 2025, the consolidated net loss after tax was INR (356.00) million.

Total consolidated income for the quarter was INR 1,264.60 million, compared to INR 1,499.45 million in the same quarter last year. Consolidated total assets stood at INR 12,863.05 million as of September 30, 2025, up from INR 11,539.34 million at March 31, 2025. The company's management has confirmed ongoing efforts to recover the GSA-related amounts and reported a deferred tax credit of INR 99.29 million recognized on the provision.

Additionally, the company noted a subsequent event on November 4, 2025, where the board approved the issuance of over 559 million fully paid-up equity shares at INR 9.19 per share on a preferential basis, subject to regulatory approvals. A search by the Directorate of Enforcement on April 16, 2025, found no incriminating documents, with no further communication to date.