Yatra Online, Inc. Announces Unaudited Consolidated Earnings Results for the Fourth Quarter and Full Year Ended March 31, 2019
July 23, 2019 at 08:01 am EDT
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Yatra Online, Inc. announced unaudited consolidated earnings results for the fourth quarter and full year ended March 31, 2019. For the year, the company reported revenue was INR 12,248,513,000 against INR 9,358,580,000 a year ago. Loss from operations was INR 3,360,133,000 against INR 2,578,199,000 a year ago. Loss for the period was INR 4,051,976,000 or INR 116.41 per basic share and INR 116.41 per diluted share against INR 1,193,595,000 or INR 26.37 per basic share and INR 26.95 per diluted share a year ago.
For the quarter, the company reported revenue was INR 3,285,672,000 against INR 2,258,413,000 a year ago. Loss from operations was INR 1,182,446,000 against INR 611,725,000 a year ago. Loss for the period was INR 380,923,000 or INR 10.40 per basic share and INR 10.74 per diluted share against INR 859,249,000 or INR 18.26 per basic share and INR 18.26 per diluted share 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.