Yatra Shares Hit All-Time Low Despite 845% Rise In Q3 Profit

Shares of Yatra fell over 3% during intraday trading session today (February 11) to hit an all-time low at INR 90.10 apiece on the BSE despite the online travel aggregator reporting an 845% year-on-year jump in its consolidated profit after tax (PAT) to INR 10 Cr in Q3 FY25.

The stock witnessed volatility following the company’s December quarter earnings announcement. In morning trade, Yatra shares rallied over 6% to INR 93.25 apiece on the BSE.

At 1:46 PM, the stock was quoting INR 91, down 2.41% from the previous close. The company’s market capitalisation stood at INR 1,427.94 Cr (about $164K). 

On a quarter-on-quarter basis, Yatra reported a 37% rise in its consolidated PAT from INR 7.34 Cr.

Yatra’s revenue from operations also zoomed 113% to INR 235.25 Cr in Q3 FY25 from INR 110.34 Cr in the year-ago quarter. However, operating revenue fell marginally by 0.4% from INR 236.40 Cr on a QoQ basis. 

The company’s EBITDA also jumped 207% year-on-year to INR 14.6 Cr in the third quarter of FY25.

Founded in 2006 by Dhruv Shringi, Manish Amin and Sabina Chopra, Yatra offers information, pricing, availability, and booking facilities for domestic and international air travel, domestic and international hotel bookings, holiday packages, buses, trains, in-city activities, inter-city and point-to-point cabs, homestays and cruises.

In September last year, Yatra acquired Globe All India Services Limited (Globe Travels) for INR 128 Cr in an all-cash deal. The company said then that the acquisition of Globe Travels would add 350 new corporate clients to its existing customer base, taking the total tally of corporate customers to 1,200.

The stock closed the last trading session yesterday (February 10) at INR 93.25 apiece on BSE.