YATRA NSE filing

Yatra Online Limited Q1 FY27: Revenue Drops 10.4% YoY to ₹1,879 Crore, EBITDA Falls 45.6%

The RealCase readMedium impact Negative

Yatra Online Limited reported Q1 FY27 results with revenue at ₹1,879 Crore (down 10.4% YoY). EBITDA fell 45.6% YoY to ₹132 Crore, and PAT declined 97.9% YoY to ₹3 Crore. Gross bookings grew 16.5% YoY to ₹21,007 Crore. The company added 53 new corporate clients. Profitability was impacted by external headwinds.

Why it matters

The substantial drop in profitability and EPS, coupled with external headwinds affecting performance, suggests a moderate impact on investor sentiment and the company's short-term financial outlook.

The market read

The company reported a significant year-over-year decline in EBITDA and PAT, indicating a negative financial performance for the quarter, despite growth in gross bookings.

Yatra Online Limited has announced its un-audited Standalone and Consolidated Financial Results for the quarter ended June 30, 2026. The company reported a revenue from operations of ₹1,879 Crore, a decrease of 10.4% year-over-year. Revenue less service cost stood at ₹1,227 Crore, showing a 6.1% increase year-over-year.

EBITDA for the quarter was ₹132 Crore, a significant decline of 45.6% year-over-year, with the EBITDA margin at 11%. Profit After Tax (PAT) was ₹3 Crore, a sharp decrease of 97.9% year-over-year, resulting in a PAT margin of 0.2%. Diluted EPS was ₹0.02.

The company highlighted strong top-line growth in gross bookings, which grew 16.5% YoY to ₹21,007 Crore. Total Air and H&P transactions increased by 12.2% YoY. Hotel room nights grew approximately 30% YoY. The corporate business remained robust with the addition of 53 new corporate customers, representing an annual billable potential of ₹2,223 Crore.

However, profitability was impacted by external headwinds, including weaker international MICE volumes and margins, and lower airline-related income due to delayed finalization of incentives. Corporate travel spends were also muted YoY due to higher ticket prices, with an expected bounce back in Q2. The company also noted the seven-year partnership with Kanoo Travel for international expansion.

Filing to action

What to do with a filing like this

Yatra Online Limited filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.

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Primary source

A plain-language summary of a public exchange filing by Yatra Online Limited. Read the original for the full detail.

View original filing