August 11th, 2025: Yatra Online Limited. {BSE: 543992 & NSE: YATRA}, India’s largest corporate travel services provider and the third largest online travel company in India among key OTA players* announces its results for the first quarter of the financial year 2025-26.
Q1-FY26 Business Highlights:
- Yatra continues to make strong progress on the path to sustained profitability despite facing macro head winds in the quarter – from wars to tariffs to unfortunate air crash, all of which negatively impacted volumes.
- EBITDA was up 247% YoY and PAT grew ~4x YoY, driven by strong performance in the corporate business and in the higher margin H&P businesses on account of continued momentum in MICE and standalone hotel cross selling to existing customers.
- Yatra signed 34 new customers in the corporate business with Annual billing potential of INR 2 billion.
Management Comments:
Commenting on the results, Whole Time Director cum Chief Executive Officer, Mr. Dhruv Shringi stated: “I am pleased to share that our first-quarter performance delivered strong financial and operational results, with growth rates in the quarter well ahead of our annual guidance, despite the disruption in travel in India on account of the cross-border tension and the unfortunate air crash in June 2025. Our performance is driven by continued momentum in business travel demand and solid execution across our platform. Revenue growth was driven by a higher corporate travel mix and higher share of hotels and packages which combined with disciplined cost management enabled us to deliver a 247.0% increase in EBITDA and an almost 4x growth in PAT. These results affirm the strength of our strategic positioning and our ability to scale profitably. As we look ahead, we remain focused on driving sustainable growth, enhancing shareholder value, and expanding our competitive edge in the global travel ecosystem.”
Financial Statements:
Results for the quarter ended June 30, 2025, prepared under Ind AS, along with segment results, are available in the Investor Relations section of our website https://investors.yatra.com/Investor-Relations-India
Quarterly Conference Call:
The earnings conference call will be held on Monday, August 11, 2025 at 10:30 AM (IST) to discuss the Financial Results and performance of the company for the quarter ended June 30, 2025. The earnings conference call will be accessible from all networks and countries through universal access dial-ins +91-22-6280 1342 / +91-22-7115 8243 also accessible at: https://shorturl.at/m0emu Further, the analyst(s)/institutional investor(s) presentation will be submitted to Stock Exchanges and shall also be hosted on the Company’s website at https://investors.yatra.com/Investor-Relations-India
Safe Harbor Statement:
This press release may contain forward-looking statements relating to the business, financial performance, strategy and results of the Company and/or the industry in which it operates that involve risks and uncertainties. Forward-looking statements are statements concerning future circumstances and results, and any other statements that are not historical facts, generally identified by the words “aim”, “anticipate”, “believe”, “expect”, “estimate”, “intend”, “likely to”, “objective”, “plan”, “project”, “propose”, “will”, “will continue”, “seek to”, “will pursue” or other words or phrases of similar import. Actual future performance, outcomes and results may differ materially from those expressed in forward-looking statements as a result of a number of risks, uncertainties and assumptions. Although the Company believes that such forward looking statements are based on reasonable assumptions, forward looking statements contained in this press release regarding past trends or activities should not be taken as a representation that such trends or activities will continue in the future. A multitude of factors including, but not limited to, changes in demand, competition and technology, can cause actual events, performance or results to differ significantly from any anticipated development. Neither the Company nor its affiliates or advisors or representatives nor any such person’s officers or employees guarantees that the assumptions underlying such forward-looking statements are free from errors, nor do any such persons or entities accept any responsibility for the future accuracy of the forward-looking statements contained in this press release or the actual occurrence of the forecast developments. There is no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. It can give no assurance that such expectations will be met. Representative examples of factors that could affect the accuracy of forward-looking statements include (without limitation) the condition of and changes in India’s political and economic status, government policies, applicable laws, and international and domestic events having a bearing on the Company’s business, and such other factors beyond control of the Company.