Record Revenue Growth
Yatra reported revenue of INR 2.098 billion (approximately USD 24.5 million), up 99.7% year-over-year.
Significant Increase in Profitability
Profit for the quarter stood at INR 110 million (approximately USD 1.3 million), compared to a loss of INR 0.8 million (approximately USD 0.1 million) in the same quarter of the previous year.
Strong Adjusted EBITDA Growth
Adjusted EBITDA surged to INR 206 million (approximately USD 2.4 million), representing a 214% increase year-over-year, significantly surpassing the annual guidance of 30% growth.
Corporate Travel Segment Expansion
Yatra onboarded 34 new corporate clients, adding an annual billing potential of approximately INR 2 billion.
AI and Technology Innovations
Yatra launched AI assistant DIYA, and enhanced user interfaces to improve customer experience and operational efficiency.
Reduced Debt
Gross debt reduced significantly from INR 546 million (USD 6 million) to INR 29 million (USD 0.3 million).