Press Release in connection with the Audited Standalone and Consolidated Financial Results of the Company for the Quarter and Year ended March 31, 2026.
YATRA · price
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Yatra Online reported its most profitable year ever in FY26 with strong double-digit growth across all key metrics. Full-year revenue grew 27.2% to INR 10,065 Mn, while Adjusted EBITDA surged 37.5% to INR 917 Mn and PAT rose 28.1% to INR 468 Mn (or 38.5% to INR 506 Mn excluding one-time wage code impact). Q4 FY26, however, saw sequential decline due to war-related geopolitical disruptions affecting international travel and MICE business, with revenue down 13.7% YoY and PAT down 46.1% YoY. Despite this, the company added 163 new corporate customers during FY26 with annual billable value of INR 9,568 Mn, up from 148 customers worth INR 7,475 Mn in FY25. Air passenger growth outpaced industry levels at 9.6% YoY, indicating continued market share gains. Management maintained medium-term guidance of 20% RLSC growth and 30% Adj EBITDA CAGR.
Yatra delivered record profitability for FY26 demonstrating strong execution despite macro headwinds. The Q4 weakness appears temporary, driven by geopolitical disruptions affecting MICE and international travel, with management expecting demand recovery as conditions normalize. The strong corporate customer additions and market share gains in air segment support the company's growth trajectory for FY27.