Yatra Online, Inc. Announces Results for the Three Months Ended December 31, 2025

Core Insights - Yatra Online, Inc. reported robust financial and operational performance for the three months ended December 31, 2025, exceeding initial full-year growth guidance despite challenges in the domestic aviation sector and geopolitical issues affecting international travel [1][2] Financial Performance - Revenue for the quarter was INR 2,576.9 million (USD 28.7 million), reflecting a year-over-year growth of 9.6% [1] - Adjusted EBITDA was INR 99.7 million (USD 1.1 million), a decrease of 17.9% year-over-year [1] - The company reported a loss from operations of INR 120.2 million (USD 1.3 million), compared to a profit of INR 14.8 million (USD 0.2 million) in the same quarter of the previous year [1] - Loss for the period was INR 129.3 million (USD 1.4 million), compared to a profit of INR 39.8 million (USD 0.4 million) in the prior year [1] Operational Highlights - Total Gross Bookings reached INR 21,761.9 million (USD 242.2 million), marking a 20.9% increase year-over-year [1] - The Corporate Travel segment onboarded 40 new corporate clients, increasing annual billing potential by INR 2,234 million (USD 24.9 million) [1] - Adjusted Margin from Air Ticketing was INR 1,195.8 million (USD 13.3 million), an increase of 39.4% year-over-year [1] - Adjusted Margin from Hotels and Packages was INR 502.1 million (USD 5.6 million), reflecting a 14.6% increase year-over-year [1] Strategic Initiatives - The integration of Globe Travels has progressed well, providing supplier synergies and technology enhancements [1] - The company is focused on restructuring efforts to unlock shareholder value, with timelines subject to regulatory complexities [1] - Future strategies include scaling high-margin segments and enhancing technology capabilities to drive sustainable long-term value [1]