Flipkart-owned travel platform Cleartrip’s net loss widened 28.1% YoY to ₹805 Cr in FY26 from ₹628.4 Cr in FY25, as its expenses continued to outpace revenue growth.
The online travel aggregator’s operating revenue grew 20.8% to ₹198.3 Cr during the year from ₹164.1 Cr in the previous fiscal. Including other income, Cleartrip reported total income of around ₹241.3 Cr, compared with ₹366.7 Cr in FY25. Other income declined 34.2% YoY to ₹43 Cr.
Meanwhile, spending on cashbacks and discounts rose 47.5% to ₹897.5 Cr in FY26 from ₹608.2 Cr a year earlier, outpacing top line growth.
Cleartrip generated ₹702.2 Cr from service charges and ₹378.4 Cr from commissions and incentives before accounting for cashbacks and discounts, taking the combined figure to around ₹1,095.7 Cr. These figures should be distinguished from the operating revenue reported in its financial statements.
Founded in 2006 by Hrush Bhatt, Matthew Spacie and Stuart Crighton, Cleartrip enables users to book flights, hotels, trains, buses and local activities through its website and app. Ecommerce major Flipkart acquired the company in 2021.
Cleartrip’s accumulated losses rose to ₹3,828 Cr as of March 31, 2026, from ₹3,023 Cr a year earlier. Its negative net worth also widened to ₹3,066 Cr from ₹2,262 Cr in FY25.
In its financial statements, the company said its ability to continue as a going concern depended on the success of its operations and its ability to secure funding. However, it added that its holding company, Flipkart Internet Private Limited, had provided a commitment and letter of financial support.
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