\nYatra Online, Inc. (NASDAQ: YTRA) (the \u201cCompany\u201d), India\u2019s leading corporate travel services provider and one of India\u2019s leading online travel companies, today announced its unaudited financial and operating results for the three months ended June 30, 2025.<\/p>\n
\n\u201cI 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 214.4% increase in Adjusted EBITDA. 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.<\/p>\n
\n\u201cFor the three months ended June 30, 2025, we reported revenue of INR 2,098.1 million (USD 24.5 million) registering growth of 99.7% YoY. Our RLSC for the quarter ended June 30, 2025, of INR 1,156.3 million (USD 13.5 million) was up 36.6% YoY reflecting the momentum we\u2019ve built across our Corporate Travel and MICE businesses, which have been pivotal in navigating a competitive landscape. Notably, our profitability metrics underscore our disciplined execution: Profit for the Period grew 14,514.9% YoY, reflecting our ability to optimize costs and capitalize on high-growth opportunities.<\/p>\n
\n\u201cOur MICE business continues to build on the strong foundation that we laid last year and has emerged as a standout performer, and we have been able to establish Yatra in a very short period as a dominant player in India\u2019s MICE market.<\/p>\n
\n\u201cWhile our B2C air ticketing segment faced top-line and margin pressures due to disruption of travel due to the macro factors mentioned above, our diversified revenue mix\u2014particularly the strength in Hotels & Packages and MICE\u2014has effectively mitigated these challenges.<\/p>\n
\n\u201cOur Corporate Travel segment continues to be a cornerstone of our success. In the first quarter, we onboarded 34 new corporate clients, further expanding our annual billing potential by INR 2,010 million (USD 23.4 million) and reinforcing our position as India\u2019s leading corporate travel provider. The integration of Globe Travels, acquired in September 2024, has exceeded expectations, delivering synergies in supplier consolidation, technology adoption, and cross-selling opportunities. These efforts have enhanced our ability to offer seamless, tech-driven solutions to our growing client base.<\/p>\n
\n\u201cAs part of our ongoing efforts around restructuring, the Company believes it has a viable structure to pursue. While some hurdles remain, we are actively navigating processes across jurisdictions. The timeline is uncertain due to complexity, but we\u2019re fully committed. This transition is key for Yatra and our shareholders, aligning us with the market and unlocking value. We\u2019ll share updates as we move forward.<\/p>\n
\n\u201cWe remain focused on advancing our strategic priorities: scaling high-margin verticals, deepening our technology edge, and creating sustainable long-term value for our stakeholders.<\/p>\n
\nI would like to thank our team for their relentless dedication, our partners for their trust, and our shareholders for their continued support.\u201d \u2013 Dhruv Shringi, Co-founder and CEO.<\/p>\n
Financial and operating highlights for the three months ended June 30, 2025:<\/b><\/p>\n\n
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