Yatra Online Ltd

Yatra Online announced a strategic partnership with Kanoo Travel, a division of the Yusuf Bin Ahmed Kanoo Group and one of the Middle East's most respected travel management companies, to transform enterprise travel across the region. The partnership combines Kanoo Travel's regional leadership with Yatra's enterprise travel and expense management platform, marking Yatra's first significant international expansion and establishing a scalable platform for long-term growth in one of the world's fastest-growing business travel markets. Under the partnership, Kanoo Travel will deploy Yatra's integrated enterprise travel and expense management platform, enabling a seamless experience across travel booking, policy management, expense management, automation, and analytics. Complementing the technology platform, Yatra will establish a Kanoo Travel Global Operations Centre to provide 24x7 multilingual operational support, working alongside Kanoo Travel's customer-facing teams across the Middle East. Together, the integrated platform and dedicated operations hub will deliver a scalable, technology-enabled service model designed to enhance customer experience, operational efficiency, and future growth.

Meanwhile, shares of Le Travenues Technology, which operates the Ixigo platform, was flat at Rs 189.35. According to the report, Ixigo is exploring the purchase of a 15-20% promoter stake in Yatra Online, although neither company has made an official announcement regarding the proposed transaction. Following the media report, BSE sought clarification from Yatra Online on 19 June 2026 regarding the news item that claimed Ixigo was in the final stages of acquiring up to a 20% stake in the company from promoters. The company's response is awaited. Yatra Online and Ixigo are among the leading players in India's online travel industry, offering services across flight, hotel, rail, bus and holiday bookings. As of 31 March 2026, promoters held a 62.66% stake in Yatra Online. Yatra Online's consolidated net profit declined 46.09% to Rs 8.20 crore on 13.66% drop in revenue from operations to Rs 189.01 crore in Q4 FY26 over Q4 FY25. Powered by Capital Market - Live

Profit before tax (PBT) fell 57.63% YoY to Rs 5.66 crore in Q4 March 2026. EBITDA stood at Rs 12.6 crore, down 45.5% YoY. EBITDA margin stood at 11.15% in Q4 FY26. The company said that geopolitical tensions and the war-related environment disrupted business operations during the quarter. Despite this, gross bookings grew 8.3% YoY, total transactions increased 15.2% YoY and air passengers grew 9.6% YoY, roughly 2x industry growth, reflecting further market share expansion. However, the war-related disruption significantly affected the company's MICE (meetings, incentives, conferences & exhibitions) business, particularly international corporate group travel. Several Q4 bookings were either cancelled or deferred into FY27. On full year basis, the company's consolidated net profit improved to Rs 46.81 crore, a YoY growth of 28.1%. The PAT growth for the year was adversely impacted by the introduction of the new wage code in Q3, excluding the effect of which the PAT for the year would have been Rs 50.6 crore, a YoY growth of 38.5%. Revenue from operations climbed 27.17% to Rs 1,006.51 crore in FY26 compared with Rs 791.44 crore in FY25. Siddhartha Gupta, chief executive officer, stated: 'Yatra delivered a strong FY26, with execution remaining strong despite a volatile macro and geopolitical backdrop. Performance was broadly in line with revised guidance, supported by 24.5% RLSC growth and 37.5% Adjusted EBITDA growth, reflecting operating leverage and disciplined cost control. Across businesses, Yatra strengthened its competitive position. The Air segment delivered healthy TTV growth while maintaining margin discipline, with passenger growth outpacing industry levels throughout the quarter and the full year. The Hotels & Packages business also gained momentum, led by strong growth in standalone hotels and margin expansion driven by a better mix and improved monetization. Q4 was affected by geopolitical disruptions and war-related uncertainty, which weighed on international travel demand, particularly in MICE. Some corporate bookings were deferred or cancelled, though management expects a meaningful portion of this demand to return as conditions normalize. Despite these temporary headwinds, Yatra continued to post healthy growth in gross bookings and transactions, supported by market share gains, improving take rates, and a strong corporate pipeline. Backed by structural growth in India's travel and corporate mobility markets and Yatra's continued investment in Al technology, customer acquisition, hotel supply, and its B2E platform. Management remains confident of its medium-term growth CAGR of 20% RLSC growth and 30% Adj EBITDA growth.' Yatra Online is India's corporate travel services provider and one of India's consumer travel companies. Through the website, www.yatra.com, mobile applications, Corporate SaaS platform, and other associated platforms, leisure and business travelers can explore, research, compare prices and book a wide range of services, which include domestic and international air ticketing, hotel bookings, homestays, holiday packages, bus ticketing, rail ticketing and ancilliary services catering to the travel needs.Powered by Capital Market - Live

Net profit of Yatra Online declined 46.12% to Rs 8.20 crore in the quarter ended March 2026 as against Rs 15.22 crore during the previous quarter ended March 2025. Sales declined 13.68% to Rs 189.01 crore in the quarter ended March 2026 as against Rs 218.97 crore during the previous quarter ended March 2025. For the full year,net profit rose 28.00% to Rs 46.81 crore in the year ended March 2026 as against Rs 36.57 crore during the previous year ended March 2025. Sales rose 27.17% to Rs 1006.51 crore in the year ended March 2026 as against Rs 791.44 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales189.01218.97 -14 1006.51791.44 27 OPM %5.767.80 -7.985.61 - PBDT16.8523.40 -28 93.5866.02 42 PBT5.6613.37 -58 52.4335.13 49 NP8.2015.22 -46 46.8136.57 28 Powered by Capital Market - Live

Yatra Online will hold a meeting of the Board of Directors of the Company on 22 May 2026.

Net profit of Yatra Online declined 16.68% to Rs 8.34 crore in the quarter ended December 2025 as against Rs 10.01 crore during the previous quarter ended December 2024. Sales rose 9.16% to Rs 256.82 crore in the quarter ended December 2025 as against Rs 235.26 crore during the previous quarter ended December 2024. ParticularsQuarter EndedDec. 2025Dec. 2024% Var. Sales256.82235.26 9 OPM %8.765.76 - PBDT23.7417.46 36 PBT12.8010.08 27 NP8.3410.01 -17 Powered by Capital Market - Live

Yatra Online will hold a meeting of the Board of Directors of the Company on 11 February 2026.Powered by Capital Market - Live

Yatra Online has shifted its registered office from '1st Floor, Iconic Building, Urmi Estate, 95, Ganpatrao Kadam Marg, Lower Parel (West), Mumbai, Maharashtra, India - 400013' to 'Unit No. 1, Vasant Arcade, 3rd Floor, Sector-B Pocket-7, Vasant Kunj, New Delhi - 110070' in the NCT of Delhi with effect from 12 January 2026. Powered by Capital Market - Live

Dhruv Shringi, who has successfully steered the company as chief executive officer since inception, has now been elevated to the position of executive chairman of the board. In this new role, he will guide Yatra's long-term vision with a sharp focus on global expansion, innovation, and shareholder value creation, working in close collaboration with the board and leadership team. Following his resignation from the CEO role, the company appointed Siddhartha Gupta as the new CEO, also effective 24 November 2025. Siddhartha was the president of Mercer India, a business of Marsh McLennan and a global leader in redefining the world of work, reshaping retirement and investment outcomes, and advancing health and well-being. Previously, he served as chief executive officer of Mercer Mettl, the talent assessment arm of Mercer. Siddhartha joined Mettl in 2016, when it was a promising Indian start-up, and helped build it into a globally recognized entity. Earlier in his career, Mr. Siddhartha held leadership roles at SAP and HP, where he built and scaled multiple business verticals over a career spanning more than two decades. Dhruv Shringi, executive chairman, Yatra Online said, 'It has been a privilege to lead Yatra since its inception and to see it evolve into one of India's most trusted and innovative travel brands, serving both corporate and consumer segments With Siddhartha coming on board, we are bringing in the right leadership at the right time. His depth of experience in enterprise sales and SaaS aligns perfectly with Yatra's B2B-first strategy.' Yatra Online is India's largest corporate travel services provider and one of India's leading consumer travel companies. The company reported a 9.9% rise in consolidated net profit to Rs 7.13 crore, while net sales inched up 0.9% to Rs 203.74 crore in Q2 FY26 over Q2 FY25.Powered by Capital Market - Live

Yatra Online announced a strategic leadership transition to power its next phase of growth. Yatra Co-Founder Dhruv Shringi, who has successfully steered the Company as Chief Executive Officer since inception, has now been elevated to the position of Executive Chairman of the Board. In this new role, he will guide Yatra's long-term vision with a sharp focus on global expansion, innovation, and shareholder value creation, working in close collaboration with the Board and leadership team. The company also announced the appointment of Siddhartha Gupta as its new Chief Executive Officer, effective 25 November 2025. With over 25 years of experience in enterprise technology and B2B SaaS, Siddhartha brings proven expertise in scaling businesses, driving digital transformation, and building strong customer partnerships. His leadership track record includes senior roles at SAP, HP, and high-growth SaaS ventures in India and overseas. Powered by Capital Market - Live