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Stock impact report

Yatra Online, Inc. Announces Results for the Three Months Ended September 30, 2024 [Yahoo! Finance]

Yatra Online, Inc. - Ordinary Shares (YTRA) 
Last yatra online, inc. - ordinary shares earnings: 1/31 06:05 am Check Earnings Report
US:NASDAQ Investor Relations: investors.yatra.com/home/default.aspx
Company Research Source: Yahoo! Finance
services provider and one of India's leading online travel companies, today announced its unaudited financial and operating results for the three months ended September 30, 2024. "For the three months ended September 30, 2024, we reported revenue of INR 2,363.3 million (USD 28.2 million), reflecting a substantial year-over-year increase of 149.4%. Adjusted Air Ticketing Margins saw a 13.0% decline, primarily attributable to reduced volumes in the B2C segment as we strategically adjusted discounts to address intensified price competition. In contrast, our Adjusted Hotels and Packages margins improved significantly by 43.8% year-over-year, driven by strong performance in our MICE (Meetings, Incentives, Conferences, and Exhibitions) business. Adjusted EBITDA came in at INR 66.7 million (USD 0.8 million), a 91.2% increase from the prior year. "Despite headwinds in the B2C air segment, we continue to drive strong growth in our Hotels and Packages and MICE lines of businesses, which hel Show less Read more
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