| Management target | Revenue 15.0% Medium Term |
|---|
| Revenue growth | Decreased 39% YoY to ₹213.6 Cr due to lower MICE volumes. |
|---|---|
| Margins | Air margins expanded to 4.45%; MICE margins remain under pressure. |
| Demand visibility | Encouraging forward bookings in MICE and core segments for Q3. |
| Management confidence | Balanced; focused on core air/hotel resilience despite macro headwinds. |
Growth
Revenue fell 39% YoY to ₹213.6 Cr, though air gross bookings grew 15%.
Outlook
Management expects 15% revenue and EBITDA growth in the medium term.
Risks
Geopolitical conflict in West Asia and elevated debt levels remain primary concerns.
Last quarter's promises, checked
Delivered
- Guided air margin up from Q1 4.2% → 4.45% (= BEAT)
- Guided air growth early double digits → +15% YoY (= BEAT)
Partly delivered
- Guided air:hotel 60:40 → 50:50 in 2-3 yrs → hotels +20% vs air +15%, direction intact, pace slow (= PARTIAL)
Missed
- Guided Q2 MICE +50% vs Q1, temporary dip → MICE -63% YoY (= MISS)
- Guided hotels 30%+ growth → +20% YoY (= MISS)
- Guided Q2 profit lift from Q1 PAT ₹0.34 Cr → ₹-0.7 Cr loss (= MISS)
Earnings Call Transcript filed with NSE, NSE: YATRA. Summary written with AI assistance from the document.
Yatra Online Ltd: key numbers
- Share price
- ₹78.13
- Market cap
- ₹1,226 Cr
- Revenue (annual)
- ₹1,007 Cr
- Net profit (annual)
- ₹46.81 Cr
- P/E (TTM)
- 76.0×Sector 36.2×
- Promoter holding
- 62.66%+0.00% QoQ
- FII holding
- 4.69%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Yatra Online Ltd
All →Yatra Online Investor Presentation: Key Takeaways
Q2 FY27 revenue INR 2,136 Mn (-39% YoY), PAT loss INR 7 Mn, EBITDA margin 10.48%. Gross bookings +6% YoY; air and corporate momentum improving, hotels softer.
Yatra Online Results Update
Yatra Online reported H1-FY27 revenue of INR 4,015 Mn and adjusted EBITDA of INR 301 Mn. Q2 net loss was INR 7 Mn.
Yatra Online Other Announcement
Yatra Online filed ICRA's monitoring agency report for the quarter ended September 30, 2026. It reports no deviation from the IPO objects of issue.
Yatra Online Q2 FY27 Results: Net Loss of ₹0.7 Cr
Yatra Online Ltd reported revenue from operations of ₹213.6 Cr (-39.1% YoY) and a net loss of ₹0.7 Cr for Q2 FY27.
- Key figure
- Net loss ₹0.7 Cr
Yatra Online Board Meeting Date
Yatra Online has given prior intimation of a board meeting on 12 November 2026 to consider unaudited standalone and consolidated half-year results for September 2026. Trading window closes from 1 October 2026 until 14 November 2026.
Yatra Online Adverse Business Impact
Yatra Online disclosed a cyber-security incident. The company says it has no material impact on operations, finances or continuity, and has notified CERT-In.