Results · Professional & Local Services

Yatra reports Q1 results with revenue and profit drop

By Startup Enthusiast · 13 August 2024

What they do

Yatra is an online travel aggregator based in Gurugram

In Q1 FY25, revenue fell 6.4% to Rs 100.8 crore and profit dropped 27.5% to Rs 4.04 crore

The company spent Rs 1.04 to earn each rupee, with employee benefits as the largest expense

Yatra reported its financial results for the first quarter of fiscal year 2025.
Revenue from operations in Q1 FY25 was Rs 100.8 crore, down 6.4% from the previous quarter.
Profit after tax fell 27.5% to Rs 4.04 crore from Rs 5.57 crore in Q4 FY24.
Total income including financial sources was Rs 109 crore and total expenditure was Rs 104.75 crore.
The company spent Rs 1.04 to earn every rupee of revenue.
Air ticketing was the largest revenue source, followed by hotels, packages, and other services.
Employee benefits accounted for 32% of expenditure, followed by service and payment gateway costs.
The share price fell 4.9% to Rs 132.5 on the report date.

The results show a sequential decline in both revenue and profit after a full year of profitability.
Full-year FY24 revenue was Rs 422.3 crore with a profit of only Rs 4.4 crore.
The market capitalisation was estimated at about Rs 2,079 crore (~$250 million).

Yatra is an online travel aggregator headquartered in Gurugram.
Its main revenue source is air ticketing, followed by hotel bookings, travel packages, and other services.

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