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Yatra Online, Inc. Announces Results for the Three Months and Year Ended March 31, 2026

  • Yatra Online reported unaudited financial results for the quarter and year ended March 31, 2026, citing robust performance despite severe disruptions in India's aviation sector due to Middle East geopolitical developments.
  • Q4 2026 revenue was INR 1,890.2 million (USD 20.1 million), a 13.7% year-over-year decline driven by reduced volumes in the Hotels & Packages segment from Middle East route disruptions.
  • Total Gross Bookings for Q4 2026 reached INR 20,211.2 million (USD 215.4 million), an 8.0% increase year-over-year.
  • Adjusted Margin for Air Ticketing in Q4 2026 rose 27.3% to INR 1,178.3 million (USD 12.6 million), while Hotels & Packages margin increased 2.2% to INR 365.2 million (USD 3.9 million).
  • The Corporate Travel segment added 55 new clients in Q4, increasing annual billing potential by INR 2,709 million (USD 28.9 million), though the MICE (group travel) segment faced headwinds from travel deferrals.
  • Q4 2026 resulted in a net loss of INR 145.5 million (USD 1.6 million) compared to a loss of INR 15.2 million in Q4 2025, with Adjusted EBITDA decreasing 49% to INR 45.9 million (USD 0.5 million).
  • Full-year 2026 revenue grew 26.6% to INR 10,074.0 million (USD 107.4 million), while Total Gross Bookings increased 13.6% to INR 80,535.8 million (USD 858.3 million).
  • Full-year Adjusted EBITDA rose 64.2% to INR 563.8 million (USD 6.0 million), despite a full-year net loss of INR 66.0 million (USD 0.7 million) reversing a profit of INR 23.5 million in 2025.
  • The company plans to scale its high-margin Hotel segment, enhance AI-driven operational efficiencies, and continues exploring potential corporate restructuring alternatives.
  • Yatra Online will host a conference call on May 25, 2026, at 9:00 AM EDT to discuss these results.