Q3 2025 Yatra Online Inc Earnings Call Transcript
Key Points
- Yatra Online Inc (YTRA) reported a significant year-over-year revenue increase of 113%, reaching INR2.35 billion.
- The company's gross margin grew by 25% year over year, driven by strong performance in the hotels and packages segment.
- Yatra Online Inc (YTRA) onboarded a record 50 new corporate clients, adding an annual billing potential of INR2.8 billion.
- The integration of the recently acquired company, Globe, is progressing ahead of schedule, contributing positively to profitability.
- Adjusted EBITDA surged by 75% year over year to INR12.1 million, highlighting the success of strategic initiatives and operational efficiency.
- Gross bookings declined by 3.4% year over year, primarily due to reduced air travel volumes in the B2C segment.
- The air ticketing segment experienced a 23% year-over-year decline in adjusted margin, attributed to low gross bookings and a reduction in headline take rate.
- Marketing and sales promotion costs decreased by 32% year over year, indicating potential challenges in maintaining customer engagement.
- Personal expenses increased by 34% year over year, driven by the full-quarter impact of the Globe acquisition and annual appraisals.
- Other operating expenses rose by 9% year over year, primarily due to the business combination effect and the acquisition of Globe.
Hello everyone and welcome to the Yatra third quarter 2025 earnings conference call. My name is Ezra, and I will be your coordinator today. (Operator instructions)
I will now hand you over to Manish Hemrajani, VP of Corporate Development and Investor Relations. Manish, please go ahead.
Good morning everyone, and welcome to our earnings conference call for the fiscal third quarter of 2025, covering the period ended December 31, 2024.
I'm pleased to be joined on the call today by Yatra's CEO and Co-Founder Dhruv Shringi, and CFO Rohan Mittal.
Before we begin, I'd like to remind you that certain statements made on today's call may constitute forward-looking statements. These statements are based on management, current expectations, and beliefs, and are subject to various risks and uncertainty that could cause actual results to the material.
For a detailed discussion of these with, please refer to a file with the SEC and the
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
Trustpilot
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
