)
Overview
<ul>
<li>India’s corporate travel provider Q3 revenue up 9.6% YoY despite aviation sector disruptions</li>
<li>Company reported net loss of INR 129.3 mln vs profit last year</li>
<li>Adjusted EBITDA decreased by 17.9% YoY</li>
</ul>
Outlook
<ul>
<li>Company focuses on scaling high-margin segments and enhancing technology capabilities</li>
<li>Company progressing on restructuring efforts to unlock shareholder value</li>
</ul>
Result Drivers
<ul>
<li>CONSUMER AND AFFILIATE MIX - Revenue growth driven by stronger consumer and affiliate travel mix, expansion in air travel, and improved profitability in hotels and packages</li>
<li>NEW CORPORATE CLIENTS - Onboarding of 40 new corporate clients expanded annual billing potential by INR 2,234 million</li>
<li>GLOBE TRAVELS INTEGRATION - Integration delivered supplier synergies and cross-selling opportunities</li>
</ul>
Key Details
Metric Beat/Mis Actual Consensu
s s
Estimate
<h3>Q2 INR 2.58</h3>
Revenue bln
Q2 Net -INR
Income 129.30
mln
<h3>Q2 INR</h3>
Adjusted 99.70
EBITDA mln
Q2 Gross INR
Bookings 21.76
bln
Analyst Coverage
<ul>
<li>The one available analyst rating on the shares is “buy”</li>
<li>The average consensus recommendation for the leisure &amp; recreation peer group is “buy”</li>
<li>Wall Street’s median 12-month price target for Yatra Online Inc is $3.00, about 98.7% above its February 10 closing price of $1.51</li>
</ul>
Press Release: For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact . (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

YTRA

India's Yatra Online Q3 revenue rises as air travel expands