Wise Travel India (WTICAB) H1 24/25 earnings summary

Executive summary

• Unaudited consolidated and standalone financial results for the half year ended September 30, 2024, were reviewed and approved by the Board and Audit Committee on November 14, 2024.

• The company operates solely in the "Rent-A-Cab" segment, with no segmental reporting applicable.

Financial highlights

• Consolidated revenue from operations for H1 FY25 was ₹24,364.14 lakhs, up from ₹18,988.50 lakhs in H1 FY24 (year-over-year growth).

• Consolidated net profit for H1 FY25 was ₹1,030.16 lakhs, compared to ₹1,134.41 lakhs in H1 FY24.

• Standalone revenue from operations for H1 FY25 was ₹24,061.95 lakhs, up from ₹18,988.50 lakhs in H1 FY24.

• Standalone net profit for H1 FY25 was ₹1,021.98 lakhs, compared to ₹1,138.60 lakhs in H1 FY24.

Outlook and guidance

• Management asserts that the results provide a true and fair view and that due diligence has been exercised.