Yatra Online Limited Q3 FY26 Results: Revenue up 9% YoY to ₹2,568 Cr, PAT at ₹83 Cr
Yatra Online Limited reported Q3 FY26 results with Revenue up 9% YoY to ₹2,568 Cr and Gross Margin up 23% YoY to ₹1,277 Cr. Adjusted EBITDA surged 41% YoY to ₹247 Cr. Net Profit was ₹83 Cr, down 17% YoY due to one-time impacts. For 9M FY26, Revenue grew 43% YoY to ₹8,175 Cr, and Net Profit increased 81% YoY to ₹386 Cr.
The results show positive growth trends in key financial metrics like revenue and EBITDA. However, the year-over-year decrease in net profit for the quarter, attributed to specific one-time impacts, slightly moderates the overall positive impact. The detailed financial performance and operational highlights provide substantial information for investors.
The company reported strong year-over-year growth in revenue, gross margin, and adjusted EBITDA for both the quarter and the nine-month period, indicating positive operational performance and business momentum. Despite a dip in net profit for the quarter due to one-time impacts, the overall trend shows significant improvement.
Yatra Online Limited announced its un-audited Standalone and Consolidated Financial Results for the quarter and nine months ended December 31, 2025.
For the third quarter of fiscal year 2026, Yatra reported a Revenue from Operations of ₹2,568 million (₹256.8 crore), marking a 9% year-over-year increase. Revenue less service cost (Gross Margin) grew by 23% year-over-year to ₹1,277 million (₹127.7 crore). Adjusted EBITDA saw a significant jump of 41% year-over-year to ₹247 million (₹24.7 crore), with an Adjusted EBITDA Margin of 19%. EBITDA stood at ₹239 million (₹23.9 crore), a 64% increase year-over-year. The company reported a Net Profit of ₹83 million (₹8.3 crore), a decrease of 17% year-over-year, impacted by a one-time statutory impact of new labor codes and airline disruptions. Diluted EPS for the quarter was ₹0.53.
For the nine months ended December 31, 2025, Revenue from Operations surged by 43% year-over-year to ₹8,175 million (₹817.5 crore). Revenue less service cost (Gross Margin) increased by 33% year-over-year to ₹3,691 million (₹369.1 crore). Adjusted EBITDA grew by 81% year-over-year to ₹751 million (₹75.1 crore), with an Adjusted EBITDA Margin of 20%. EBITDA increased by 123% year-over-year to ₹729 million (₹72.9 crore). Net Profit for the nine-month period rose by 81% year-over-year to ₹386 million (₹38.6 crore). Diluted EPS for the period was ₹2.46.
The company highlighted that Q3 marked another strong performance, exceeding guidance, with RLSC growing 23% YoY and Adjusted EBITDA growing 41% YoY. Overall Gross Bookings grew 21%, aided by a healthy recovery in the Consumer business and growth in affiliate network partners for hotels. The Corporate business added 40 new customers, representing an annual revenue potential of ₹2,234 million (₹223.4 crore). Extraordinary events impacting Q3 included the one-time impact of new Labour Codes reducing PAT by ₹38 million and airline operational disruptions due to stricter Flight Duty Time Limitation (FDTL) norms, which caused an estimated AirTTV impact of approximately ₹480 million.
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