Results · Professional & Local Services

Yatra Q4 profit falls 46% to ₹8.2 crore

What they do

Yatra is an online travel agency offering flight, hotel, and holiday bookings

Q4 FY26 net profit dropped 46.1% year-on-year to ₹8.2 crore, while revenue fell 13.7% to ₹189 crore

Geopolitical tensions hurt its MICE (meetings, incentives, conferences, exhibitions) business, causing cancellations and deferrals

Yatra reported a consolidated net profit of ₹8.2 crore for Q4 FY26, down 46.1% from ₹15.2 crore a year ago.
Revenue from operations fell 13.7% year-on-year to ₹189 crore.
Total expenses dropped about 10% to ₹193.7 crore.
Other income stood at ₹10.4 crore, bringing total income to ₹199.4 crore.
EBITDA (earnings before interest, taxes, depreciation, and amortisation) was ₹12.6 crore, down 45.5% year-on-year.
Gross margin (RLSC) rose 3.6% to ₹113.3 crore.
Geopolitical tensions caused several Q4 bookings in the MICE vertical to be cancelled or deferred to FY27.
The company added 55 new corporate customers in Q4, with an estimated annual revenue potential of ₹270.9 crore.

For the full year FY26, net profit rose 28% to ₹46.8 crore and revenue grew 27.2% to ₹1,006.5 crore.
Adjusted EBITDA for FY26 increased 37.5% to ₹91.70 crore.
Excluding a one-time impact from a new wage code, FY26 profit after tax would have been ₹50.6 crore, up 38.5% year-on-year.
The company projects 30% adjusted EBITDA growth in FY27 despite macro challenges.
Management is confident of a medium-term CAGR of 20% RLSC growth and 30% adjusted EBITDA growth.

Yatra is an online travel agency that provides flight, hotel, holiday, and corporate travel services.
It serves both leisure and business customers, including corporate travel management and MICE events.
Revenue is generated through commissions, service fees, and travel packages.
The company operates primarily in India.
As of Q4 FY26, it had a market capitalisation of about ₹1,592 crore.

Yatra projects adjusted EBITDA growth of 30% in FY27.
Management targets medium-term CAGR of 20% RLSC growth and 30% adjusted EBITDA growth.