Yatra Online reports a YoY growth of 108 per cent in Q1 FY26

Yatra Online Limited has announced its results for the first quarter of the financial year 2025-26. For Q1 FY26, the company reported consolidated revenue of Rs 2,098 million, a year-on-year growth of 108 per cent. EBITDA stood at Rs 242 million, up 247 per cent year-on-year, with an EBITDA margin of 21 per cent. Net profit for the quarter rose to Rs 160 million, marking a year-on-year growth of 296 per cent.

Yatra continued to make strong progress towards sustained profitability despite facing macro headwinds in the quarter, including geopolitical tensions, tariffs, and the impact of an unfortunate air crash, all of which negatively affected volumes. EBITDA growth was driven by the strong performance of the corporate business and higher-margin hotels and packages segments, aided by continued momentum in MICE and standalone hotel cross-selling to existing customers. The company also signed 34 new customers in its corporate business, with an annual billing potential of Rs 2 billion.

Commenting on the results, Dhruv Shringi, Whole Time Director and Chief Executive Officer, said, “I am pleased to share that our first-quarter performance delivered strong financial and operational results, with growth rates in the quarter well ahead of our annual guidance, despite the disruption in travel in India on account of the cross-border tension and the unfortunate air crash in June 2025. Our performance is driven by continued momentum in business travel demand and solid execution across our platform. Revenue growth was driven by a higher corporate travel mix and a higher share of hotels and packages which, combined with disciplined cost management, enabled us to deliver a 247.0 per cent increase in EBITDA and an almost 4x growth in PAT. These results affirm the strength of our strategic positioning and our ability to scale profitably. As we look ahead, we remain focused on driving sustainable growth, enhancing shareholder value, and expanding our competitive edge in the global travel ecosystem.”