Yatra ( (YTRA) ) has released its Q2 earnings. Here is a breakdown of the information Yatra presented to its investors.
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Yatra Online, Inc. is a prominent player in the Indian travel industry, offering a wide range of travel-related services, including corporate travel, air ticketing, and hotel bookings. The company is recognized for its extensive inventory and strong presence in the corporate travel sector.
In its latest earnings report for the quarter ending September 30, 2025, Yatra Online, Inc. reported a substantial 48.5% increase in revenue, reaching INR 3,508.7 million (USD 39.5 million). This growth was primarily driven by a stronger corporate travel mix and expansion in the Hotels and Packages segment. The company’s Adjusted EBITDA also saw a significant rise of 217.7%, attributed to disciplined cost management and effective scaling.
Key highlights from the report include the onboarding of 34 new corporate clients, enhancing the annual billing potential by INR 2,615.0 million (USD 29.5 million). The Meetings, Incentives, Conferences, and Exhibitions (MICE) business continued to excel, solidifying Yatra’s position as a dominant market player in India. Despite challenges in the B2C air ticketing segment, the diversified revenue streams, including Hotels & Packages and MICE, helped mitigate these pressures.
The integration of Globe Travels has provided synergies in supplier relationships, technology innovation, and cross-selling opportunities, further enhancing Yatra’s client offerings. The company is also making progress in its restructuring efforts aimed at unlocking shareholder value.
Looking forward, Yatra Online, Inc. remains focused on scaling high-margin segments and deepening its technology capabilities to drive sustainable long-term value for its stakeholders.

