Yatra Shares Hit An All-Time Low At INR 92.21

SUMMARY

The shares slumped 0.78% to hit an all-time low at INR 92.21 during the intraday trade on the BSE today (February 6)

However, the stock pared some loss later and was trading 0.40% up at INR 93.31 at 2:05 PM

Till 2:05 PM, Yatra’s market capitalisation stood at INR 1,464.18 Cr with 85.39 Lakh shares

Shares of online travel aggregator Yatra slumped as much as 0.78% to hit an all-time low at INR 92.21 apiece during the intraday trade on the BSE today (February 6), extending its loss in the fourth consecutive trading session today.

However, the stock pared some loss later and was trading 0.40% up at INR 93.31 at 2:05 PM on the BSE.

Till that time, Yatra’s market capitalisation stood at INR 1,464.18 Cr with 85.39 Lakh shares traded hands on the bourses.

The stock has shed over 22% since last one month.

Besides, Yatra will also be announcing its financial results for the third quarter of FY25 next week. The company activated its revival mode after posting a consolidated net profit of INR 7.3 Cr in the September quarter of FY25, against a loss of INR 17.1 Cr in the year-ago quarter.

In the same quarter, the company also became profitable on the back of healthy growth in its hotels and packages business segment. Its operating revenue jumped over 2X to INR 236.4 Cr during the quarter under review from INR 94.1 Cr in the year-ago period.

Founded by Dhruv Shringi, Manish Amin and Sabina Chopra in 2006, Yatra offers a complete suite of travel solutions including information, pricing, availability, and booking facility 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.

The startup competes with the likes of EaseMyTrip, ixigo and MakeMyTrip.