India's Yatra Online Q3 revenue rises as air travel expands

Yatra Online

11/02/2026 14:25

Overview

India's corporate travel provider Q3 revenue up 9.6% YoY despite aviation sector disruptions

Company reported net loss of INR 129.3 mln vs profit last year

Adjusted EBITDA decreased by 17.9% YoY

Outlook

Company focuses on scaling high-margin segments and enhancing technology capabilities

Company progressing on restructuring efforts to unlock shareholder value

Result Drivers

CONSUMER AND AFFILIATE MIX - Revenue growth driven by stronger consumer and affiliate travel mix, expansion in air travel, and improved profitability in hotels and packages

NEW CORPORATE CLIENTS - Onboarding of 40 new corporate clients expanded annual billing potential by INR 2,234 million

GLOBE TRAVELS INTEGRATION - Integration delivered supplier synergies and cross-selling opportunities

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
INR 2.58 bln
Q2 Net Income
-INR 129.30 mln
Q2 Adjusted EBITDA
INR 99.70 mln
Q2 Gross Bookings
INR 21.76 bln


Analyst Coverage

The one available analyst rating on the shares is "buy"

The average consensus recommendation for the leisure & recreation peer group is "buy"

Wall Street's median 12-month price target for Yatra Online Inc is $3.00, about 98.7% above its February 10 closing price of $1.51

Press Release: ID:nBw8wsjVSa

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)