Yatra Online has announced a significant decline in its net profit for the March 2026 quarter, reporting a 46% drop to Rs 8.20 crore. This decrease is attributed to disruptions in international travel demand caused by the ongoing conflict in West Asia.
In the same quarter last year, the company's profit stood at Rs 15.21 crore. Additionally, Yatra's revenue from operations fell by 13.68%, reaching Rs 189.01 crore compared to Rs 218.97 crore in the previous year.
Annual Performance Highlights
Despite the quarterly setback, Yatra Online achieved a robust performance for the fiscal year. Key highlights include:
- Revenue less service cost (RLSC) growth of 24.5%
- Adjusted EBITDA growth of 37.5%
Siddhartha Gupta, CEO of Yatra Online, emphasized the company's resilience in navigating a volatile macroeconomic and geopolitical environment, stating that performance aligned closely with revised guidance.
Business Segments
Yatra's various business segments demonstrated strong growth:
- The Air segment experienced healthy total transaction value (TTV) growth while maintaining margin discipline.
- The Hotels and Packages division saw increased momentum, driven by standalone hotel growth and improved monetization.
Impact of Geopolitical Disruptions
The fourth quarter's results were notably affected by geopolitical disruptions, particularly impacting international travel demand in the MICE (Meetings, Incentives, Conferences, and Exhibitions) sector. Some corporate bookings were either deferred or canceled. However, Gupta remains optimistic about a rebound in demand as conditions stabilize.
Outlook for the Future
Despite the challenges faced in the recent quarter, Yatra Online continues to report healthy growth in gross bookings and transactions. The company is focusing on market share gains and improving take rates, alongside a strong corporate pipeline.
