Cleartrip spent Rs 608 Cr on discount and cashbacks for Rs 169 Cr net revenue in FY25

Flipkart-owned online travel aggregator (OTA) Cleartrip improved its financial performance in the fiscal year ending March 2025, with revenue growing 70% and losses declining 20%. However, the company spent over Rs 600 crore on discounts and cashbacks to achieve this scale.

Cleartrip’s net operating revenue surged 70% to Rs 169.3 crore in FY25 from Rs 99.7 crore in FY24, according to its annual filings with the Registrar of Companies (RoC).

Cleartrip generated Rs 516.46 crore from service income in FY25, recording a 40% growth over FY24. It also…