Yatra Q2: Profit Doubles YoY To INR 14 Cr

Online travel aggregator (OTA) Yatra’s consolidated net profit surged 101% to INR 14.3 Cr in the second quarter of FY26 from INR 7.3 Cr in the year-ago quarter. Sequentially, profit declined 1% from INR 16 Cr in the June quarter. 

Operating revenue zoomed 48% YoY and 67% QoQ to INR 350.9 Cr. Including other income of INR 5.1 Cr, total income for the quarter stood at INR 355.9 Cr. Meanwhile, total expenses zoomed 43% YoY to INR 339 Cr.

The company’s EBITDA zoomed 125% YoY to INR 24.8 Cr, while EBITDA margin stood at 20%. On the back of the strong growth, the company raised its adjusted EBITDA guidance for FY26 to 35-40% from 30% earlier.

Yatra categorises its businesses into three verticals – hotels, flight ticketing, and other segments. Here’s a glimpse of how the OTA’s major business segments fared through the quarter: 

Hotels & Packages: The segment raked in a revenue of INR 270.7 Cr during the quarter, up 59% YoY. The adjusted margin for the segment grew 29% YoY to INR 51.5 Cr. 

Air Ticketing: The revenue from this business grew 36% YoY to INR 58.5 Cr, while adjusted margin rose 15% YoY to INR 101.6 Cr. 

Meanwhile, other services’ revenue declined 4% YoY to INR 9.1 Cr, but adjusted margin improved 23% YoY to INR 9.5 Cr. 

Yatra said that its B2B business MICE (meetings, incentives, conferences and exhibitions) continued to excel, making it a dominant player in the Indian market, during the quarter under review. 

Yatra’s CEO Dhruv Shringi noted that despite volume pressures experienced in its B2C air ticketing segment, its diversified revenue mix, including hotels & packages and MICE, helped successfully mitigate challenges. 

Yatra signed 34 new corporate business customers in the quarter, with annual billing potential of INR 26 Cr. Meanwhile, gross bookings zoomed 16% YoY to INR 2,050.3 Cr.

Shares of Yatra jumped following the announcement of Q2 numbers. The company’s shares ended the day 13.58% higher at INR 164.75 on the BSE.