Company has generated a total revenue INR 138 Cr. and shown 23% year on year growth, due to the deep penetration in the ‘next billion user’ market, which comprises users predominantly from Tier-II and Tier-III cities and rural India. By leveraging the utility-focused OTA platforms (such as ConfirmTkt, ixigo app, AbhiBus), the company have been able to enhance user trust and loyalty, and sell there travel services, such as tickets and bookings for trains, flights, buses and hotels, to users.

During FY21, the company have undertaken certain cost reduction initiatives like work-from-home, including renegotiating fixed costs such as rent, deferring non-critical capital expenditures, reducing marketing expenses and renegotiating our supplier payments and contracts. All the discussed changes have brought operational efficiency in the company and helped to make it profitable. 

In Fiscal year 2021 EPS of the company turned positive. Around 8,164 share option are converted into equity share through effect of dilution. Also the net income of the company is increased is one of the major reason for the growth of EPS. 

With the operational efficiency witnessed in the business during FY21 and leveraging on the acquisitions performed to generate more revenue, aid to bring profitability in the business. 

During the fiscal year FY 2020- 2021 travelling was stopped for some months due to COVID. In the fourth quarter of Fiscal 2021, rail had recovered to 46%, air to 71% and bus to 40% of their pre COVID-19 volumes of the fourth quarter of Fiscal 2020.Because of this the operation expenses increased and revenue generation was not at that level . Therefore the working capital become negative and affected the total cash flow from operation.