Results · Mobility & Logistics

Yatra posts profit in Q3FY25 on revenue jump

By Startup Enthusiast · 17 February 2025

What they do

Yatra is an online travel agency for flights, hotels, and packages

It reported Q3FY25 revenue of $27.48M, up 111.4% YoY, and a profit of $0.46M

Growth was driven by hotels, MICE business, and the acquisition of GAISL

Yatra reported its Q3FY25 financial results on 17 February 2025.
Revenue was $27.48 million, up 111.4% year-on-year from $13 million in Q3FY24.
The company posted a profit of $0.46 million, compared to a loss of $0.47 million in the same quarter last year.
Revenue growth was driven by the hotels & packages segment, the MICE (Meetings, Incentives, Conferences, Exhibitions) business, and the acquisition of GAISL in September 2024.
Air ticketing gross bookings fell 14.1% to $161.64 million, and adjusted margin dropped 23% to $10.03 million.
Hotels & packages gross bookings rose 80.8% to $42.12 million, and adjusted margin increased 65.8% to $5.12 million.
Personnel expenses rose 21.2% to $4.7 million, while marketing expenses increased 9.4% to $1.3 million.

The results show Yatra returning to profitability after a loss in the same quarter last year.
The shift from air ticketing to hotels and packages reflects a strategic pivot toward higher-margin segments.
The acquisition of GAISL in September 2024 contributed to revenue growth.
The MICE market in India is estimated at $8–10 billion annually and remains highly fragmented.

Yatra is an online travel agency offering flight bookings, hotel reservations, holiday packages, and MICE services.
It operates in India and serves both leisure and corporate travelers.
The company makes money through commissions, service fees, and margins on travel bookings.
In Q3FY25, it booked 1.31 million air passengers and 418,000 hotel room nights.