Mumbai, May 25 -- Profit before tax (PBT) fell 57.63% YoY to Rs 5.66 crore in Q4 March 2026. EBITDA stood at Rs 12.6 crore, down 45.5% YoY. EBITDA margin stood at 11.15% in Q4 FY26.

The company said that geopolitical tensions and the war-related environment disrupted business operations during the quarter. Despite this, gross bookings grew 8.3% YoY, total transactions increased 15.2% YoY and air passengers grew 9.6% YoY, roughly 2x industry growth, reflecting further market share expansion.

However, the war-related disruption significantly affected the company's MICE (meetings, incentives, conferences & exhibitions) business, particularly international corporate group travel. Several Q4 bookings were either cancelled or deferred into F...