Q1 2026 Yatra Online Inc Earnings Call Transcript
Key Points
- Yatra Online Inc (YTRA) reported a significant revenue increase of 99.7% year-over-year, reaching INR2.098 billion (approximately USD24.5 million).
- The company's adjusted EBITDA surged by 214% year-over-year, significantly surpassing their annual guidance of 30% growth.
- Yatra Online Inc (YTRA) successfully onboarded 34 new corporate clients, adding an annual billing potential of approximately INR2 billion.
- The company introduced an AI assistant, DIYA, enhancing customer service and personalized travel product bookings.
- Yatra Online Inc (YTRA) reduced its gross debt significantly from INR546 million to INR29 million as of June 30, 2025.
- Air ticketing passenger volumes declined by 9% year-over-year.
- B2C bookings were negatively impacted by macro events, including cross-border tensions and an air crash, leading to a marginal decline year-over-year.
- The restructuring process for converting U.S. shares into India shares is complex and time-consuming, with an unclear timeline.
- Operating expenses related to restructuring efforts were significant in the previous quarter.
- The consumer business segment lagged behind due to macroeconomic factors, impacting overall growth.
Hello, everyone, and welcome to the Yatra's fiscal first-quarter 2026 financial results call for the period ended June 30, 2025. Today's call is hosted by Yatra's CEO and Co-Founder, Dhruv Shringi; and CFO, Anuj Sethi.
The following discussion includes responses to your questions, reflects the management's views as of today, August 11, 2025. The company does not take any obligation to update or revise the information.
Before they begin their formal remarks, please be reminded that certain statements made on this call may constitute forward-looking statements, which are based on Yatra's management's current expectations and beliefs, are subject to several risks and uncertainties that could cause actual results to differ materially. For a description of these risks, please refer to Yatra's filings with the SEC and their press release filed earlier this morning on the IR section of Yatra's website.
With that, let me turn the call over to Yatra's CEO and Co-Founder, Dhruv Shringi. Dhruv, please go ahead.
| 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
