Yatra Online Reports Record Q1 Growth Amid Global Challenges

Yatra Online, a leading Indian online travel company, reported a 99.7% YoY increase in revenue to INR 2,098.1 million ($24.5 million) in Q1, driven by strong demand in business travel and effective cost management. Adjusted EBITDA rose by 214.4%, while the corporate travel segment expanded with 34 new clients. The company's strategic focus on high-margin verticals and ongoing restructuring efforts aim to sustain growth and unlock value for stakeholders.

Yatra Online Limited, India's largest corporate travel services provider and a key online travel company, has reported robust financial performance for the first quarter of the financial year 2025-26. The company's revenue surged by 99.7% year-over-year (YoY) to INR 2,098.1 million ($24.5 million), driven by strong demand in business travel and effective cost management. Adjusted EBITDA rose by 214.4%, reflecting strong operational efficiency and growth in high-margin verticals [3].

The company's corporate travel segment played a pivotal role in driving growth, with the addition of 34 new corporate clients. This expansion boosted annual billing potential by INR 2,010 million ($23.4 million), further solidifying Yatra's position as India's leading corporate travel provider. The integration of Globe Travels, acquired in September 2024, has delivered synergies in supplier consolidation, technology adoption, and cross-selling opportunities, enhancing Yatra's ability to offer seamless, tech-driven solutions to its growing client base [3].

Despite facing macroeconomic headwinds, including cross-border tensions and an air crash in June 2025, Yatra maintained strong operational performance. The company's CEO, Dhruv Shringi, commented on the results, stating, "Our first-quarter performance delivered strong financial and operational results, with growth rates well ahead of our annual guidance, despite the disruption in travel in India. Our performance is driven by continued momentum in business travel demand and solid execution across our platform" [2].

The stock rallied 16% on Tuesday and has gained 35% in two days, with a market capitalization of ₹2,056.39 crore. Analysts have upped their target price, projecting earnings growth at a CAGR of 45% for FY25-28 [2].

References:
[1] https://www.ainvest.com/news/yatra-online-reports-strong-q1-fy26-earnings-travel-disruptions-2508/
[2] https://www.hotelierindia.com/operations/yatra-online-posts-108-revenue-surge-247-ebitda-growth-and-almost-4x-pat-in-q1-fy26
[3] https://www.ainvest.com/news/yatra-online-reports-99-7-revenue-surge-214-4-adjusted-ebitda-growth-q1-2025-2508/