Yatra Online Limited — Investor Meet, 05-06-2025: Analysts/Institutional Investor Meet/Con. Call Updates

Yatra posted FY25 revenue of INR791.4 Cr, up 87% YoY, led by corporate travel and MICE. Q4 revenue rose 103% YoY to INR219 Cr, EBITDA grew 62% to INR25.1 Cr, and PAT surged 173% to INR15.2 Cr—the company’s best quarterly profit. Corporate clients added 148, generating INR750 Cr annualized revenue. MICE, aided by Globe acquisition, is a high-margin growth area, managing 600+ trips and 80,000+ travelers in 9 months. B2C bookings stabilized, with gradual growth expected. Management focuses on tech upgrades and aims for 20% gross margin and 30% EBITDA growth in FY26, driven by corporate/MICE expansion and cross-selling.