Yatra Online, Inc. Announces Results for the Three Months Ended June 30, 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 ended June 30, 2024.“For the three months ended June 30, 2024, we reported revenue of INR 1,050.7 million (USD 12.6 million), representing a decline of 5.0% year-over-year. Adjusted Air Ticketing Margins were impacted by a 20.7% decrease driven by lower volumes. The decline was primarily driven by reduced volumes in the B2C segment, as we optimized discounts amid intensifying price competition in the market. Adjusted EBITDA came in at INR 65.6 million (USD 0.8 million), a decrease from INR 115.4 million in the same period last year, reflecting the impact of lower volumes.Despite challenges in the B2C segment during the June quarter, the Corporate Travel segment showed robust growth across all key metrics
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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
- 11/1/24 - Form 6-K
- 10/18/24 - Form 6-K
- 9/17/24 - Form 144
- YTRA's page on the SEC website