Yatra Online, Inc. Announces Results for the Three Months and Year Ended March 31, 2024
Yatra Online, Inc. - Ordinary Shares (YTRA)
Last yatra online, inc. - ordinary shares earnings: 1/31 06:05 am
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Source: Business Wire
GURUGRAM, India & NEW YORK--(BUSINESS WIRE)--Yatra Online, Inc. (NASDAQ: YTRA) (the “Company”), India’s leading corporate travel services provider and one of India’s leading online travel companies, today announced its unaudited financial and operating results for the three months and year ended March 31, 2024.“Yatra’s Gross Bookings increased by 12.7% YoY in 4Q24, driven by a 15.1% growth in Air Gross Bookings. This growth was fueled by a robust rebound in international travel during what is typically the seasonally weakest quarter.For the quarter ended March 31, 2024, we reported revenue of INR 1,072.8 million (USD 12.9 million), down 10.2% YoY. Our Adjusted Margin of INR 1,768.9 million (USD 21.2 million) declined 6.6% YoY. These declines were largely due to the impact of a one-time accrual of threshold bonus of GDS Contracts in the year ago quarter. Excluding that reported revenue was up 6.4% YoY and Adjusted margin was up 3.5% YoY. Additionally, our Adjusted EBITDA rose seque
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News
- Yatra Online, Inc. Announces Independent Committee to Evaluate Potential Corporate Restructuring [Yahoo! Finance]Yahoo! Finance
- Yatra Online, Inc. Announces Independent Committee to Evaluate Potential Corporate RestructuringBusiness Wire
- Yatra Online Full Year 2024 Earnings: ?4.98 loss per share (vs ?4.59 loss in FY 2023) [Yahoo! Finance]Yahoo! Finance
- Yatra Online, Inc. (NASDAQ: YTRA) had its "buy" rating re-affirmed by analysts at HC Wainwright. They now have a $4.00 price target on the stock.MarketBeat
- US futures muted as markets digest in-line inflation, rate cut bets [Yahoo! Finance]Yahoo! Finance
YTRA
Analyst Actions
- 6/3/24 - HC Wainwright
YTRA
Sec Filings
- 6/20/24 - Form 6-K
- 5/30/24 - Form 6-K
- 4/10/24 - Form 144
- YTRA's page on the SEC website