Yatra Online Limited — Updates, 11-02-2025: Press Release
Yatra Online Limited has reported impressive financial growth for the quarter ended December 31, 2024. Revenue surged by 113% year-on-year to INR 2,353 million, while EBITDA escalated by 207% to INR 146 million, resulting in an EBITDA margin of 14%. Notably, the net profit jumped 845% to INR 100 million.
Key business highlights include substantial revenue growth driven by the Hotels and Packages segment, which saw a 66% increase. The company also recorded a significant milestone by onboarding 50 new corporate accounts with a billing potential of INR 2,804 million, solidifying its position in corporate travel. Cash and cash equivalents stood at INR 1,828 million, with a gross debt of INR 32.5 million after paying down INR 245 million in debt this quarter.
Under the leadership of Mr. Dhruv Shringi, Yatra is leveraging its tech platform to enhance operational efficiencies and integrate the recently acquired Globe All India Services Limited ahead of schedule. The outlook remains positive as the company focuses on sustainable growth and market leadership in the travel sector.
