EaseMyTrip and BNZ Green Collaborate for Sustainable Travel Initiatives

On November 20, 2024, Easy Trip Planners revealed a new collaboration with BNZ Green introducing real-time tracking of carbon footprints along with a blockchain-powered carbon offset initiative.

Driving Innovation in Sustainable Travel

The adoption of BNZ Green’s technology into the EaseMyTrip platform is set to strengthen its leadership in eco-friendly travel solutions, addressing the increasing demand for sustainable options from environmentally aware consumers.

With the travel industry evolving rapidly, EaseMyTrip is dedicated to delivering innovative solutions that cater to the needs of modern travellers while supporting a more sustainable future for global tourism.

Earlier this week, EaseMyTrip announced its acquisition of a 49% stake in Planet Education Australia, an Australian study abroad consultancy, through an equity share swap valued at ₹39.20 crore.

The company stated that this acquisition would enable it to broaden its reach into the international study tourism sector.

Q2 FY25 Financial Highlight

Easy Trip Planners, reported a 45.2% drop in consolidated net profit, totaling around ₹26 crore for the quarter ending September 30 for fiscal 2025, compared to the same period last year.

The company’s net sales rose by 2.1% year-on-year, reaching ₹144.7 crore for the July-September quarter in 2024.

Additionally, the profit before interest, depreciation, and taxes (PBIDT) decreased by 37.5%, amounting to ₹42.3 crore in the second quarter of fiscal 2025 compared to the same quarter last year.

Easy Trip Planners Share Price Performance

On November 21, 2024, Easy Trip Planners share price closed 2.12% lower at ₹29.52 on NSE. The stock opened at ₹30,40.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.