Yatra Online, Inc. Announces Unaudited Earnings Results for the Fourth Quarter and Audited Earnings Results for the Year Ended March 31, 2018
June 11, 2018 at 10:05 pm
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Yatra Online, Inc. announced unaudited earnings results for the fourth quarter and audited earnings results for the year ended March 31, 2018. For the quarter, the company reported total revenue of INR 3,285,672,000 against INR 2,408,475,000 a year ago. Loss from operations was INR 1,182,446,000 against INR 1,191,086,000 a year ago. Loss for the period was INR 380,923,000 against INR 830,181,000 a year ago. Adjusted LBITDA was INR 623,193,000 against INR 558,636,000 a year ago.
For the year, the company reported total revenue of INR 12,248,513,000 against INR 9,356,812,000 a year ago. Loss from operations was INR 3,360,133,000 against INR 1,863,415,000 a year ago. Loss for the period was INR 4,051,976,000 against INR 5,936,964,000 a year ago. Adjusted LBITDA was INR 1,910,269,000 against INR 1,000,896,000 a year ago.
Yatra Online, Inc. is an online travel company. The Company provides travel services to corporate and consumers. It allows leisure and business travelers to explore, research, compare prices and book a range of services catering to their travel needs through its Website and mobile applications, and other associated platforms. It operates through three segments: Air Ticketing, Hotels and Packages, and Other Services. Its services include domestic and international air ticketing on Indian and international airlines, as well as bus ticketing, rail ticketing, cab bookings and ancillary services within India. The Company also provides access through its platform to hotels, homestays, and other accommodations. Its applications include Yatra, Yatra Web Check-In, Yatra Corporate, and Travelguru HomeStay. Its other services consist of rail tickets, bus tickets, taxi rentals and ancillary value-added services, such as travel insurance, visa processing and tickets for activities and attractions.