Latest Quarterly report

Q4 2018 Results

Yatra Online, Inc. (NASDAQ: YTRA, OTCQX: YTROF), India’s leading online travel company, today announced its unaudited financial and operating results for three months and audited financial and operating results for the year ended March 31, 2018.

“Our first full year as a public company has been a landmark year for Yatra. The acquisition of ATB earlier during the year has enabled us to consolidate our position in the large business travel segment in India and become the leading player in the segment and the brand refresh campaigns that we had undertaken during the past year have enabled us to drive significant organic growth as well. The combination of these factors has helped us deliver annual Revenue less service cost growth of 41.3%, thereby beating the top end of our guidance of 35%-40% growth in Revenue less service cost. During the past quarter as well, we continued to deliver strong growth with air ticketing transactions up 38% and standalone hotel room nights booked up 54%. We believe that our unique approach of combining business travel and consumer travel in an emerging growth market like India positions us well to capitalize on the fast-growing travel industry in India.” Dhruv Shringi, Co-founder and CEO.

Financial and operating highlights for the three months ended March 31, 2018

  • Revenue increased by 36.4% year-over-year (YOY) to INR 3,285.7 million.
  • Revenue Less Service Cost(2) ;increased to INR 2,038.0 million, representing an increase of 40.0% YOY.
  • Revenue Less Service Cost(2) from Hotels and Packages increased to INR 501.6 million, an increase of 62.7% YOY.
  • Standalone Hotel Room Nights Booked during the quarter was 0.7 million, representing an increase of 54.5% YOY.
  • Revenue Less Service Cost(2) from Air Ticketing increased to INR 1,379.1 million, an increase of 35.7% YOY.
  • Gross Air Passengers Booked were 2.5 million representing YOY growth of 38.2%.
  • Total Gross Bookings (Air Ticketing and Hotels and Packages) (4) reached INR 25.97 billion representing YOY growth of 35.6%.
  • Profit for the period of INR 380.9 million and Adjusted EBITDA(3) Loss of INR 623.2 million.

Financial Table