“During this seasonally strong quarter, we witnessed robust demand for leisure travel across all domestic and international destinations, leading to the highest-ever quarterly gross bookings, revenue and profit for the group,” Chief Executive Officer Rajesh Magow said.
“We are excited about the opportunities that lie ahead of us as the travel and tourism sector is a focus area for the Indian government and is expected to benefit from increased investments in travel infrastructure,” Magow said.
From a consumer perspective, the growing disposable income of the middle class in India are expected to continue driving travel and hospitality growth in the coming years, the CEO said.