Yatra Online Q4 revenue drops 26 pc, EBITDA falls sharply
New Delhi, May 23
Yatra Online on Saturday reported a 26 per cent decline in its revenue for the fourth quarter of FY26, while net profit also witnessed a marginal drop.
The company posted a consolidated net profit of Rs 8.2 crore in the January-March quarter, down 1 per cent from Rs 8.3 crore reported in the previous quarter.
While revenue from operations decreased by 26 per cent quarter-on-quarter (QoQ) to Rs 189 crore, compared to Rs 256.8 crore in the preceding quarter.
Moreover, the company's earnings before interest, taxes, depreciation and amortisation (EBITDA) fell sharply by 51 per cent to Rs 10.9 crore from Rs 22.4 crore reported in Q3FY26.
In addition, EBITDA margin stood at 5.8 per cent during the quarter, compared to 8.7 per cent in the previous quarter, reflecting pressure on operational profitability.
The company, in the exchange filing, highlighted that its total expenses rose around 24 per cent year-on-year to Rs 979.85 crore in FY26, against Rs 788.15 crore in FY25.
On a year-on-year basis, Yatra reported an 8 per cent rise in gross bookings to Rs 2,021 crore, while total transactions increased 17 per cent to 18.84 lakh.
Additionally, the company's air passenger volumes rose 10 per cent YoY to 13.68 lakh.
Shares of Yatra Online have remained under selling pressure, with the stock declining around 20 per cent since its listing in September 2023.
The stock has plunged over 40 per cent in the last six months and more than 30 per cent in the past three months.
In the shorter term, it has fallen over 15 per cent in the last one month. The stock touched a 52-week high of Rs 201.85 and a 52-week low of Rs 81.81.
— IANS
Reader Comments
Honestly, I'm not surprised. With so many options like MakeMyTrip, EaseMyTrip, and direct airline bookings, Yatra has lost its edge. The revenue drop of 26% QoQ is massive. They need to innovate or offer better loyalty programs to retain customers. 😕
Looks like the travel rebound post-COVID is fading for some players. The gross booking growth of 8% YoY is decent, but the profit picture is weak. For a stock that's down 40% in 6 months, long-term holders must be very worried. I'd wait for a clearer strategy before jumping in.
Total expenses up 24% YoY while revenue is struggling? That's not a good sign. Yatra should focus on cost optimization instead of just chasing bookings. The stock at 52-week low of Rs 81.81 might look cheap, but value traps are real in this market. 🤔
The air passenger volume growth of 10% is the only bright spot, but it's not translating to profits. Yatra needs to improve their margins. As a small investor, I'm watching this closely but not buying yet. The market is clearly punishing the stock for poor execution.
Yaar, this is disappointing. I used Yatra for booking my family's Goa trip last year, and the experience was okay. But with rising competition from OYO, Ixigo, and even Google Flights, they're losing ground fast. Management needs to wake up and smell the coffee! ☕
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