The travel service provider posted revenue of $211.0 million in the second quarter of fiscal 2025, reflecting a robust 26.5% increase compared to $168.7 million in Q2FY24, buoyed by sustained growth across its various business segments.
Gross bookings for the quarter reached $2,257.2 million, up 24.3% year-on-year from $1,839.7 million, indicating a significant rise in travel demand. The company’s adjusted operating profit (Adjusted EBIT) also saw substantial growth, climbing 32.9% year-on-year to $37.5 million, compared to $28.2 million in the prior year.
In terms of segment performance, air ticketing generated an adjusted margin of $96.0 million, a 21.1% increase from $80.3 million in Q2FY24. The hotels and packages segment reported an adjusted margin of $90.7 million, reflecting…