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Yatra Online, Inc. (NASDAQ: YTRA) is a prominent player in the global travel industry, providing a comprehensive range of travel-related services. As an online travel company, Yatra.com acts as a complete tour planner for travelers, making it a one-stop-shop for all travel needs. The company offers information, pricing, availability, and booking facilities for air travel, hotels, buses, and car rentals across 5,000 large cities and small rural areas globally.
Yatra's multi-language customer service center is available 24/7, 365 days a year, enabling business and leisure travelers to make well-informed and cost-effective bookings through its online platform, call center, and mobile support. The user-friendly website ensures that air ticket bookings reflect the cheapest rates available in real-time.
Yatra is one of the largest consolidators of hotels, offering room-booking facilities in over 2,500 domestic hotels across 250 destinations in India and international tie-ups with major consolidators for over 90,000 hotels worldwide. Their prices are highly competitive, ensuring the lowest rates available.
The company is organized into several business segments: Air Ticketing, Hotels and Packages, and Others. It provides a wide array of travel-related services, which include domestic and international air ticketing, hotel bookings, homestays, holiday packages, bus and rail ticketing, activities, and ancillary services. Yatra also hosts advertisements on its websites and facilitates access to travel insurance companies.
Yatra has developed multiple applications to enhance the user experience, such as Yatra Mini, Yatra Web Check-In, Yatra Corporate, and Travelguru HomeStay. Recent achievements include the successful launch of
Yatra Online (NASDAQ: YTRA) reported strong financial results for Q4 2024, with revenue reaching INR 2,350.7 million (USD 27.5 million), marking a 111.4% year-over-year increase. The company posted a profit of INR 39.8 million versus a loss of INR 39.5 million in the same period last year.
While Adjusted Air Ticketing Margins declined 23.0% due to B2C segment challenges, Hotels & Packages margin grew 65.8% year-over-year, driven by MICE business expansion. Adjusted EBITDA surged 173.0% to INR 121.5 million.
The company successfully onboarded 50 new corporate clients with an annual billing potential of INR 2,804 million. The integration of recently acquired Globe All India Services (GAISL) is progressing ahead of schedule, showing early synergies in supplier consolidation and operational streamlining.
Yatra Online Inc (NASDAQ: YTRA), a leading Indian corporate travel services provider and online travel agency, has scheduled its third quarter FY25 financial results announcement for February 11, 2025. The results will cover the period ended December 31, 2024.
The company will host two earnings conference calls: one for global investors at 8:30 AM Eastern Standard Time (7:00 PM IST), and another through its Indian subsidiary, Yatra Online , at 4:00 PM Indian Standard Time (5:30 AM EST) on the same day. The Indian subsidiary's results will be released on February 10, 2025, after market close.
Yatra Online (NASDAQ: YTRA) has been recognized as India's Biggest Brand Mover by YouGov for December 2024, marking a significant achievement in brand health metrics including awareness, consideration, and reputation. The company, which is India's leading corporate travel services provider, has strengthened its market position through enhanced digital capabilities and customer-centric innovations.
Over the past year, Yatra has focused on expanding its digital footprint and introducing new user-friendly features to meet modern travelers' needs. The company maintains a strong presence in both corporate and leisure travel segments, implementing AI-driven recommendations, advanced booking systems, and improved customer support services.
Yatra Online reported Q2 FY25 results with revenue of INR 2,363.3 million (USD 28.2 million), showing a 149.4% year-over-year increase. The company experienced a 13.0% decline in Adjusted Air Ticketing Margins due to B2C segment challenges, while Hotels and Packages margins improved by 43.8%. Adjusted EBITDA reached INR 66.7 million, up 91.2% YoY. The company acquired Globe Travels for INR 1,280.0 million, adding 360 new corporate clients. Total Gross Bookings were INR 17,651.6 million, up 0.7% YoY, with 29 new corporate clients secured in Q2 adding potential annual billing of INR 1,213.0 million.
Yatra Online (NASDAQ: YTRA), India's leading corporate travel services provider, announced it will release its second quarter FY25 financial results on November 12, 2024. The company will host two earnings conference calls: one for global investors on November 13 at 8:30 AM EST, and another through its Indian subsidiary, Yatra Online , on November 13 at 10:00 AM IST. The financial results will be available in the Investor Relations section of the company's website.
Yatra Online, Inc. (NASDAQ: YTRA) announced its 2024 Annual General Meeting (AGM) scheduled for November 27, 2024, at 6:00 PM at its India office in Gurugram. Shareholders of record as of October 31, 2024 will vote on three proposals: re-appointment of two Class II directors (Mr. Murlidhara Lakshmikantha Kadaba and Mr. Stephen Schifrin) for three-year terms, and ratification of BDO India LLP as independent auditor. The company has 59,909,346 ordinary shares and 1,854,871 Class F shares eligible to vote. The Board recommends voting FOR all proposals.
Yatra Online, Inc. (NASDAQ: YTRA), India's largest corporate travel services provider, has announced the acquisition of Globe All India Services (Globe Travels) for INR 1280 million (~USD 15.25 million) in cash. This strategic move will add approximately 360 corporate customers and annual gross bookings of about USD 90 million to Yatra's portfolio. Key highlights include:
- Expanded market share in the Corporate Travel segment
- Enhanced MICE (Meetings, Incentives, Conferences, and Exhibitions) capabilities
- Minimal customer base overlap with high cross-sell potential
- Expected immediate accretion to Yatra's financials with Adjusted EBITDA margins over 20%
The acquisition is set to close within three months, subject to conditions, and is expected to solidify Yatra's leadership position in India's corporate travel sector.
Yatra Online, Inc. (NASDAQ: YTRA) reported financial results for Q1 FY2025 ended June 30, 2024. Key highlights include:
- Revenue decreased 5.0% YoY to INR 1,050.7 million (USD 12.6 million)
- Adjusted Air Ticketing Margins declined 20.7% due to lower B2C volumes
- Adjusted EBITDA decreased 43.2% to INR 65.6 million (USD 0.8 million)
- Corporate Travel segment showed robust growth, securing 34 new accounts
- MICE business ramping up with positive early indicators
- Exploring strategic M&A opportunities in Corporate Travel segment
- Board-appointed committee working on streamlining corporate structure
Despite B2C challenges, the company remains focused on strengthening its market leadership in corporate travel services.
Yatra Online, Inc. (NASDAQ: YTRA), a leading corporate travel services provider and online travel agency in India, has announced its schedule for reporting first quarter 2025 financial results. The company will release its financial results for the period ended June 30, 2024, on August 12, 2024. This will be followed by a conference call with senior management on August 13, 2024, at 8:30 AM Eastern Standard Time (6:00 PM India Standard Time) to discuss the results.
Additionally, Yatra Online's Indian subsidiary, Yatra Online , will release its results in India on August 12, 2024, followed by a separate conference call on August 13, 2024, at 10:00 AM Indian Standard Time (12:30 AM Eastern Standard Time). Both calls will provide opportunities for investors and analysts to gain insights into the company's performance and future outlook.
Yatra Online, India's largest corporate travel services provider, has secured a travel mandate with Cipla , a global pharmaceutical giant based in Mumbai. Under this partnership, Yatra will offer customized, end-to-end travel solutions for Cipla's employees, including a self-booking tool for domestic travel. This tool facilitates bookings for air travel, hotels, and cabs. Yatra's CEO, Dhruv Shringi, highlighted this partnership as a significant milestone and an opportunity to extend Yatra's world-class travel management services to Cipla.
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