GURUGRAM, India & NEW YORK--(BUSINESS WIRE)--
Yatra Online, Inc. (NASDAQ: YTRA) (the “Company”), India’s leading corporate travel services provider and one of India’s leading online travel companies, today announced its unaudited financial and operating results for the three months ended September 30, 2025.
“I am pleased to report that for the second quarter we delivered robust financial and operational performance, exceeding our original annual growth guidance despite declining business in the overall domestic aviation industry in India. Our success is driven by sustained momentum in business travel demand and effective execution across our platforms.
“For the three months ended September 30, 2025, revenue reached INR 3,508.7 million (USD 39.5 million), a 48.5% year-over-year increase, driven by a stronger corporate travel mix and growth in Hotels and Packages. Adjusted EBITDA surged 217.7%, reflecting disciplined cost management and profitable scaling.
“Our Corporate Travel segment remains a growth cornerstone, onboarding 34 new clients during the second quarter and expanding annual billing potential by INR 2,615.0 million (USD 29.5 million). The Meetings, Incentives, Conferences, and Exhibitions (“MICE”) business continues to excel, establishing Yatra as a dominant market player in India. Despite margin pressures in B2C air ticketing, the diversified revenue mix, including Hotels & Packages and MICE, successfully mitigated challenges.
“Integration of Globe Travels has delivered supplier synergies, technology innovation, and cross-selling opportunities, enhancing client offerings.
The Company is progressing on its restructuring efforts to unlock shareholder value, with timelines subject to complexity.
Looking ahead, we remain focused on scaling high-margin segments, deepening technology capabilities, and driving sustainable long-term value for stakeholders.
I extend my sincere thanks to our dedicated team, trusted partners, and supportive shareholders.” – Dhruv Shringi, Co-founder and CEO..
Financial and operating highlights for the three months ended September 30, 2025:
- Revenue of INR 3,508.7 million (USD 39.5 million), representing an increase of 48.5% year-over-year basis (“YoY”).
- Adjusted Margin(1) from Air Ticketing of INR 1,016.0 million (USD 11.4 million), representing an increase of 14.7% YoY.
- Adjusted Margin(1) from Hotels and Packages of INR 514.5 million (USD 5.8 million), representing an increase of 28.6% YoY.
- Total Gross Bookings(Air Ticketing, Hotels and Packages and Other Services) (3) of INR 20,504.8 million (USD 231.0 million), representing an increase of 16.2% YoY.
- Profit for the period was INR 98.8 million (USD 1.1 million) versus a Loss of INR 0.3 million (USD 0.1 million) for the three months ended September 30, 2024, reflecting an increase in profit by INR 99.1 million (USD 1.1 million) YoY.
- Result from operations were a profit of INR 104.7 million (USD 1.2 million) versus a loss of INR 37.7 million (USD 0.4 million) for the three months ended September 30, 2024, reflecting an increase in profit by INR 142.4 million (USD 1.6 million) YoY.
- Adjusted EBITDA(2)was INR 212.0 million (USD 2.4 million) reflecting an increase of 217.7% YoY.