Consolidated Financial Performance for Q4 FY26 [YoY Growth]
• GTV of ₹10,079 Cr v/s ₹7,788 Cr [+ 29% YoY]
• Revenue from operations of ₹814 Cr v/s. ₹446 Cr [+ 83% YoY]
• Gross Profit of ₹494 Cr v/s. ₹311 Cr [+ 59% YoY]
• Adjusted EBITDA of ₹111 Cr v/s. ₹79 Cr [+ 40% YoY].
*All numbers have been rounded off
Key Business Updates
FY2026 and Q4’FY2026 were impacted by Geopolitical and Macro headwinds with the business demonstrating structural resilience by delivering continued profitable growth across regions through the periods. Markets across India, Europe, MEA, APAC, North and Latin America showed broad based strength with +83% YoY revenue growth on a full year basis, with the consolidation of Classic Vacations adding to our scale of operations. The structural strength of our growth drivers and sustained tapering of our cost structures gives us confidence in the secular growth of our scale and profitability over the medium to long term.
• On a full year basis, within the Hotels + Ancillary Segment, Europe, APAC and MEA markets grew 22% YoY, 46% YoY and 22% YoY, respectively.
• The India business demonstrated a visible trend reversal through the year with H2’s +12 YoY growth, despite multiple disruptions in December and March.
• At Classic Vacations, a bulk of the integration process ranging across platform, supply, commercial and talent is on track and will be completed by the end of Q3 FY27
• We closed the year with cash and cash equivalents (including Bank Balance, Bank Deposits and liquid investments) of ₹1,592 Cr.
