Yatra Online Reports Strong Financial Growth in Q4 and FY25

Yatra Online Limited, India’s leading provider of corporate travel services and one of the country’s prominent online travel companies, has announced its financial results for the fourth quarter of the 2024-2025 fiscal year. The company recorded significant growth across key financial metrics, reflecting an expanding and diversified business.

In the quarter, Yatra’s revenue reached Rs 2,190 million, marking a 103 per cent year-on-year increase. Earnings before interest, taxes, depreciation, and amortisation (EBITDA) grew by 114 per cent to Rs 232 million, with an EBITDA margin of 21 per cent. Net profit for Q4 stood at Rs 152 million, showing a 173 per cent rise compared to the previous year.

For the full year, the company’s revenue rose by 87 per cent to Rs 7,914 million, while EBITDA increased by 105 per cent to Rs 558 million, resulting in an EBITDA margin of 14 per cent. Net profit surged dramatically by 912 per cent to Rs 366 million, demonstrating robust profitability growth.

Yatra’s financial performance was supported by positive contributions from its various business segments, including Hotels and Packages, MICE (Meetings, Incentives, Conferences, and Events), and acquisitions such as Globe Travels. The gross margin grew 28 per cent in Q4, and full-year gross profit increased by 15 per cent, reflecting the strength of its diversified model. The company also maintained a healthy cash position of Rs 1,906 million as of March 31, 2025, alongside a reduction in gross debt.

During the quarter, Yatra expanded its corporate client portfolio, securing 35 new accounts with potential annual billing of Rs 1,430 million. The company's disciplined focus on cost management and profitable growth has contributed to its strong financial results.

Commenting on the results, Whole Time Director cum Chief Executive Officer, Dhruv Shringi stated, “We ended fiscal year 2025 on a strong note, driven by the growth in our MICE business and the inorganic contribution from the Globe Travels acquisition. Our strong full-year revenue growth reflects the momentum we’ve built across our Corporate Travel and MICE businesses, which have been pivotal in navigating a competitive landscape. Notably, our profitability metrics underscore our disciplined execution: EBITDA for the full year grew 105 per cent YoY, reflecting our ability to optimise costs and capitalise on high-growth opportunities."

He added, "As we look ahead to fiscal 2026, we are encouraged by the momentum across our business. Strong corporate client acquisition, continued growth in our MICE segment, and ongoing investment in our proprietary technology platform including AI-powered personalisation and booking tools position us well for the next phase of growth."

"We are introducing preliminary guidance for FY26, projecting approximately 20 per cent growth in Revenue Less Service Costs (RLSC) and 30 per cent year-over-year growth in Adjusted EBITDA, driven by three pillars: expansion in corporate travel, continued scaling of MICE and Hotels and Packages, and full cost synergies from Globe Travels. We remain focused on advancing our strategic priorities: scaling high-margin verticals, deepening our technology edge, and creating sustainable long-term value for our stakeholders,” he concluded. 

Looking ahead, the management expressed confidence in continued momentum for FY26. They anticipate approximately 20 per cent growth in revenue, lower service costs and around 30 per cent growth in Adjusted EBITDA, driven by ongoing expansion in corporate travel, MICE, and hospitality segments, alongside the integration of Globe Travels’ synergies. The company remains committed to enhancing its technology platform and strategic priorities to sustain long-term value creation.