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Yatra Online, Inc. Announces Results for the Three Months Ended June 30, 2026

  • Yatra Online reported unaudited results for the three months ended June 30, 2026, showing a 10.4% year-over-year decline in revenue to INR 1,879.0 million (USD 19.9 million).
  • Total Gross Bookings increased 16.3% year-over-year to INR 21,006.8 million (USD 221.9 million), driven by resilient demand & strong growth in the Air Travel segment.
  • Air Travel segment Gross Bookings grew 17.6% year-over-year, though lower take rates resulted from competitive conditions, delayed airline incentives, & a shift in volume mix.
  • Hotels & Packages segment Gross Bookings rose 12.9% year-over-year, with standalone Hotels seeing a 34% increase in bookings & 66% revenue growth.
  • MICE (Corporate Group Travel) performance weakened due to geopolitical uncertainty in the Middle East, higher travel costs, & a shift from international to domestic destinations.
  • Profit for the period decreased 62.8% year-over-year to INR 40.9 million (USD 0.4 million) from INR 109.9 million (USD 1.2 million) in the prior year period.
  • Adjusted EBITDA increased 4.7% year-over-year to INR 215.9 million (USD 2.3 million), while higher personnel costs & strategic investments impacted profitability.
  • Geopolitical conflicts in the Middle East, elevated aviation fuel prices, & airline capacity rationalization continued to pressure revenue margins & international travel demand.
  • The company plans to scale its higher-margin Hotels business, leverage technology & artificial intelligence for efficiency, & expand into the MSME segment via Travel Pro & RECAP initiatives.
  • A conference call to discuss these results is scheduled for August 13, 2026, at 08:30 AM Eastern Daylight Time.