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Stock impact report

Yatra Online, Inc. Announces Results for the Three Months December 31, 2023 [Yahoo! Finance]

Yatra Online, Inc. - Ordinary Shares (YTRA) 
Last yatra online, inc. - ordinary shares earnings: 1/31 06:05 am Check Earnings Report
US:NASDAQ Investor Relations: investors.yatra.com/home/default.aspx
Company Research Source: Yahoo! Finance
services provider and one of India's leading online travel companies, today announced its unaudited financial and operating results for the three months ended December 31, 2023. "We are proud to report strong December quarter results. Yatra's Air Passenger segment recorded a robust 26% year-over-year growth, nearly tripling the industry benchmark of 9%. This reflects our strong brand recognition and our successful strategies in capturing market share. For the quarter ended on December 31, 2023, we reported revenue of INR 1112.0 million (USD 13.4 million), marking a substantial increase of 23.2% over the last year. Our adjusted margin from air ticketing rose to USD 13.4 million, a 10.2% year-over-year growth. Furthermore, our Adjusted EBITDA saw a significant improvement of 23.7% YoY, reaching INR 44.5 million (USD 0.5 million). We further fortified our market leadership in the Corporate travel sector by signing 26 new corporate customer accounts in the December quarter in our Co Show less Read more
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