Yatra Profit up by 173% in March Quarter
By Ankur Chandra | Updated at: May 31, 2025 07:30 PM IST
Gurugram | May 30, 2025 – Yatra Online Limited (NSE: YATRA, BSE: 543992) has announced the release of its financial results for the fourth quarter and full year ended March 31, 2025. The company, India’s leading corporate travel services provider, experienced strong growth in its financials.
Key Consolidated Financial Highlights
| Metric | Q4 FY25 | YoY Change | FY25 | YoY Change |
|---|---|---|---|---|
| Revenue from Operations | ₹2,190 Mn | +103% | ₹7,914 Mn | +87% |
| Gross Margin (RLSC) | ₹1,094 Mn | +28% | ₹3,875 Mn | +15% |
| Adjusted EBITDA | ₹251 Mn | +62% | ₹667 Mn | +25% |
| EBITDA (Reported) | ₹232 Mn | +114% | ₹558 Mn | +105% |
| Net Profit (PAT) | ₹152 Mn (Record High) | +173% | ₹366 Mn | +912% |
| EPS (Diluted) | ₹0.97 | +169% | ₹2.33 | +806% |
| EBITDA Margin | 21% | – | 14% | – |
Segment Performance and Strategic Business Developments
- Corporate Travel & MICE Growth: Yatra added 35 new corporate clients in Q4, with a projected annual billing of ₹1,430 Mn.
- Hotels & Packages: Contributed significantly to its top-line growth, with bookings rising 24% year-over-year in Q4 FY25.
- Globe Travels Acquisition: Provided inorganic revenue uplift, including margin expansion and increased cross-selling potential.
- Technology & AI Innovations: The company expanded its use of AI-powered tools, including voice-enabled chatbots and automated expense solutions. They are likely to support both travel management and cost control.
Financial Health
- Cash & Equivalents: ₹1,906 Mn as of March 31, 2025
- Gross Debt: Reduced from ₹638 Mn in FY24 to ₹546 Mn in FY25
- Net Debt to Equity: Improved to (0.17)x from (0.47)x
Management Commentary
“We ended FY25 on a strong note, propelled by MICE growth and Globe Travels integration. With our full-year EBITDA up 105% YoY and PAT reaching an all-time high, we’ve shown clear execution discipline,” said Dhruv Shringi, Whole-Time Director & CEO.
“In FY26, we expect 20% growth in Revenue Less Service Costs and 30% growth in Adjusted EBITDA, led by corporate travel expansion, MICE scaling, and realized synergies,” he added.
Strategic Outlook for FY26
- Revenue Less Service Costs (RLSC): Guided to grow ~20%
- Adjusted EBITDA: Expected to grow ~30%
- Key Growth Drivers: Expansion in corporate travel, scaling of Hotels & MICE verticals, and deeper integration of Globe Travel’s operations
Company Snapshot
- Founded: 2006
- Headquarters: Gurugram, Haryana
- Total Corporate Clients: 1,300+
- Hotel Inventory: 80,000+ domestic properties
- App Downloads: 21 Mn+
- Market Cap (Mar 31, 2025): ₹13,407 Mn
- Shareholding: Promoters 64.46%, DII 20.29%, Public 12.50%, FII 2.75%
REF: https://nsearchives.nseindia.com/corporate/YATRA2022_29052025211958_IntimationPressReleaseSD.pdf
