BSECompany Update12 Aug 2026 · 12 Aug 2026, 11:29 pm
Please find enclosed press release in connection with un-audited financial results for quarter ended June 30, 2026
Yatra Online Ltd · 543992
✦ AI SummaryResults
Yatra Online Ltd reported Q1-FY27 revenue of INR 1,879 Mn, adjusted EBITDA of INR 151 Mn, and PAT of INR 3 Mn. Gross bookings grew 16.5% YoY to INR 21,007 Mn, and gross margin grew 6.1% YoY to INR 1,227 Mn. However, EBITDA declined 45.6% YoY due to geopolitical disruptions and heightened competitive intensity in Air.
Analysis Scores
Earnings Impact5/10
Growth Catalyst7/10
Governance Concern2/10
Regulatory Risk1/10
Balance Sheet Risk3/10
Liquidity Impact8/10
Market Sentiment5/10
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Full Announcement
Yatra Online Ltd - 543992 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
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CIN NO: L63040DL2005PLC463461
August 12, 2026
Listing Manager, Manager - CRD
National Stock Exchange of India Limited BSE Limited
Exchange Plaza, C-1 Block G Phiroze Jeejeebhoy Towers
Bandra Kurla Complex, Bandra (E) Dalal Street,
Mumbai – 400051, India Mumbai – 400001, India
Symbol: YATRA Scrip Code: 543992
ISIN No.: INE0JR601024 ISIN No.: INE0JR601024
Sub: Intimation – Press Release in connection with the un-audited Standalone and Consolidated
Financial Results of the Company for the quarter ended June 30, 2026.
Dear Sir/Madam,
Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and
Disclosure Requirements) Regulations, 2015, as amended, please find enclosed herewith the Press
Release in connection with the un-audited Standalone and Consolidated Financial Results of the
Company for the quarter ended June 30, 2026.
The above will also be made available on the website of the Company at www.yatra.com.
This is for your information and records.
Thanking You,
Yours sincerely,
For Yatra Online Limited
Jyoti Chawla
Company Secretary and Compliance Officer
M. No.: A20392
Encl.: As above
Media Release
YATRA ONLINE REPORTS REVENUE OF INR 1,879 MN, ADJUSTED EBITDA OF INR
151 MN AND PAT OF INR 3 MN FOR Q1-FY27
August 12, 2026: Yatra Online Limited. {BSE: 543992 & NSE: YATRA}, India’s largest corporate travel services
provider and the one of the largest online travel company in India among key OTA players announces its
results for the first quarter of the financial year 2026-27.
Q1-FY27 Consolidated Financial Performance:
Revenue Gross Margin Adjusted EBITDA* EBITDA Net Profit
INR 1,879 Mn (RLSC) EBITDA* INR 132 Mn Margin** INR 3 Mn
YoY Growth: INR 1,227 Mn INR 151 Mn YoY Growth: 10.72% YoY Growth:
(10.4) % YoY Growth: YoY Growth: (45.6)% (97.9) %
6.1% (39.4) %
*Adj. EBITDA and EBITDA includes other income of INR 7 Mn for Q1’27
**EBITDA as a percentage of RLSC (Gross Margin)
Q1-FY27 Business Highlights:
Gross bookings grew 16.5% YoY to INR 21,007 Mn and Yatra continued to deliver strong growth and
captured market share despite a challenging macroeconomic and geopolitical environment for the
travel industry.
Total transactions across Air and H&P increased 12.2% YoY; Air passengers grew 4.8% YoY,
outpacing broader industry growth despite elevated competitive intensity.
Room nights grew nearly 30% YoY, benefiting from continued expansion and strengthening of hotel
supply
Gross Margin (RLSC) grew 6.1% YoY to INR 1,227 Mn, reflecting resilient demand despite a volatile
macroeconomic environment.
EBITDA stood at INR 132 Mn, representing a 45.6% YoY decline, primarily due to the impact of the
Middle East conflict on international MICE volumes and margins, as well as lower airline-related
income resulting from reduced international air traffic and airline capacity.
The Corporate business maintained strong momentum, adding 53 new corporate customers during
the quarter with an annual billable potential of INR 2,223 Mn. The newly established Go-to-Market
team focused on the MSME segment added over 30 new logos, demonstrating early traction in this
large and underpenetrated market.
RECAP continued to gain adoption, with the cumulative customer base reaching 20, reflecting
encouraging market acceptance of the AI-powered Expense Management solution launched less
than a year ago.
However, conflict-related disruptions significantly impacted the company’s MICE (Meetings,
Incentives, Conferences & Exhibitions) business, particularly international corporate group travel,
with several Q1 bookings deferred to subsequent quarters in FY27. Encouragingly, the MICE
pipeline for Q2 is showing signs of recovery, with the current pipeline more than 50% higher than
Q1 levels, indicating a potential revival in activity.
Media Release
A key development was Yatra’s seven-year strategic partnership with Kanoo Travel, marking the
first significant international expansion of its enterprise travel technology platform. The partnership
combines Yatra’s integrated travel and expense management technology with Kanoo’s strong
regional presence and network of over 100 offices, creating a platform for further growth across
the Middle East.
Management Comments:
Commenting on the results, Chief Executive Officer, Mr. Siddhartha Gupta stated:
“We entered FY27 with good momentum, and Q1 demonstrated the underlying resilience of our business
despite a challenging geopolitical and competitive environment. Gross bookings grew 16.5%, transactions
increased 12.2%, and Gross Margin grew 6.1% YoY, with broad-based growth across Air, Consumer, Hotels
and Corporate Travel.
We continued to strengthen our competitive position across businesses. In Air, passenger growth outpaced
the broader industry, supporting further market share gains, while our Standalone Hotels businesses
maintained strong growth momentum.
Corporate Travel remained a key growth driver, with 53 new corporate customers added during the
quarter, representing annual billable potential of INR 2,223 Mn, alongside encouraging early traction in the
MSME segment with over 30 new customer wins.
Profitability during the quarter was impacted by heightened competitive intensity in Air and geopolitical
disruptions that affected higher-margin international MICE volumes. Encouragingly, the MICE pipeline
entering Q2 is significantly stronger, with an improved margin profile, providing greater visibility as we
progress through the year.
We are also expanding Yatra’s addressable opportunity through technology-led offerings such as RECAP
and our recently announced seven-year strategic partnership with Kanoo Travel, which marks an important
step in taking our enterprise travel and expense management platform to international markets.
With sustained momentum across our core businesses, continued expansion of our corporate customer
base and emerging opportunities from new products and international markets, we remain confident in
Yatra’s growth and profitability trajectory through FY27.”
Financial Statements:
Results for the quarter ended June 30, 2026, prepared under Ind AS, along with segment results, are
available in the Investor Relations section of our website https://investors.yatra.com/Investor-Relations-
India
Quarterly Conference Call:
The earnings conference call will be held on Thursday, August 13, 2026 at 11:00 AM (IST) to discuss the
Financial Results and performance of the company for the quarter ended June 30, 2026. The earnings
conference call will be accessible from all networks and countries through: Diamond Pass Link Further, the
analyst(s)/institutional investor(s) presentation will be submitted to Stock Exchanges and shall also be
hosted on the Company's website at https://investors.yatra.com/Investor-Relations-India
Safe Harbor Statement:
This press release may contain forward-looking statements relating to the business, financial performance,
strategy and results of the Company and/or the industry in which it operates that involve risks and
Media Release
uncertainties. Forward-looking statements are statements concerning future circumstances and results,
and any other statements that are not historical facts, generally identified by the words “aim”, “anticipate”,
“believe”, “expect”, “estimate”, “intend”, “likely to”, “objective”, “plan”, “project”, “propose”, “will”, “will
continue”, “seek to”, “will pursue” or other words or phrases of similar import. Actual future performance,
outcomes and results may differ materially from those expressed in forward-looking statements as a result
of a number of risks, uncertainties and assumptions. Although the Company believes that such forward
looking statements are based on reasonable assumptions, forward looking statements contained in this
press release regarding past trends or activities should not be taken as a representation that such trends or
activities will continue in the future. A multitude of factors including, but not limited to, cha
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