Yatra Online, Inc. Announces Results for the Three Months and Year Ended March 31, 2024 [Yahoo! Finance]
Yatra Online, Inc. - Ordinary Shares (YTRA)
Last yatra online, inc. - ordinary shares earnings: 1/31 06:05 am
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Source: Yahoo! Finance
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 sequentially by 600 basis points (bps) to INR 109.7 million (USD 1.3 million) from INR 44.5 million (USD 0.5 million) in the previous quarter
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News
- Hedge funds own 28% of Yatra Online, Inc. (NASDAQ:YTRA) shares but retail investors control 33% of the company [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
- Yatra Doubles Down on Corporate Travel with the Acquisition of Globe Travels, Solidifying its Leadership Position [Yahoo! Finance Canada]Yahoo! Finance Canada
- Yatra Doubles Down on Corporate Travel with the Acquisition of Globe Travels, Solidifying its Leadership PositionBusiness Wire
- 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
YTRA
Earnings
- 8/12/24 - Beat
YTRA
Sec Filings
- 9/17/24 - Form 144
- 9/12/24 - Form 6-K
- 9/3/24 - Form 6-K
- YTRA's page on the SEC website