EaseMyTrip.com announced its partnership with BNZ Green, a leader in sustainable technology solutions. This collaboration marks a significant milestone in EaseMyTrip`s commitment to promoting eco-friendly green travel and reducing the environmental impact of the tourism industry. Through this partnership, EaseMyTrip will integrate BNZ Green`s cutting-edge APIs into its booking platform. All of this will be provided through a seamless sync of a blockchain-based carbon offset program, enabling travellers to purchase carbon credits directly through the platform and receive verifiable certificates stored on a secure blockchain. The users will also have real-time access to carbon emission calculations which will make them aware of their flight`s carbon footprint. In the broader sense, this initiative would create responsible travellers that are committed to doing their bit for the environment. Powered by Capital Market - Live News

EaseMyTrip.com announced the approval of acquisition of Planet Education Australia, an Australia-based comprehensive education services provider making a strategic investment of 49% paid-up share capital. This strategic investment marks EaseMyTrip`s entry into the international study tourism and strengthens its position in the tourism industry. Founded in 1999, Planet Education has established itself as a leading education service provider with over 25 years of industry experience. The company offers comprehensive study abroad services, including expert counselling, university placements, and visa assistance, with an impressive track record of helping over 45,000 students achieve their international education goals. Planet Education maintains its headquarters in Australia with its head office in Sydney, operating through a network of 25 offices globally.This acquisition aligns with EaseMyTrip`s vision to expand its service offerings and create a more comprehensive travel ecosystem for its customers while tapping into study tourism. It will enable EaseMyTrip to foray into another tourism sector and leverage Planet Education`s extensive experience in international education services and its strong presence. In return, Planet Education will have access to EaseMyTrip`s vast customer base, B2B agents` network and tech capabilities.Powered by Capital Market - Live News

The Board of Easy Trip Planners at its meeting held on 15 November 2024 has approved the proposed acquisition of 49% stake in Planet Education Australia for a consideration of Rs 39.20 crore. The Board also approved the acquisition of 50% stake in Jeewani Hospitality for a value of Rs 100 crore. Powered by Capital Market - Live News

Net profit of Easy Trip Planners declined 45.17% to Rs 25.87 crore in the quarter ended September 2024 as against Rs 47.18 crore during the previous quarter ended September 2023. Sales rose 2.10% to Rs 144.67 crore in the quarter ended September 2024 as against Rs 141.69 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales144.67141.69 2 OPM %25.5945.72 - PBDT40.8565.65 -38 PBT37.2464.65 -42 NP25.8747.18 -45 Powered by Capital Market - Live News

Easy Trip Planners will hold a meeting of the Board of Directors of the Company on 15 November 2024Powered by Capital Market - Live News