Yatra Online, Inc. Announces Unaudited Consolidated Earnings Results for the Fourth Quarter and Year Ended March 31, 2017
May 16, 2017 at 08:01 am EDT
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Yatra Online, Inc. announced unaudited consolidated earnings results for the fourth quarter and year ended March 31, 2017. For the quarter, the company reported total revenue of INR 2,400,520,000 against INR 2,025,702,000 a year ago. Loss from operations was INR 1,191,085,000 against INR 334,447,000 a year ago. Loss before income taxes was INR 825,864,000 against INR 340,414,000 a year ago. Loss attributable to owners of the company was INR 811,177,000 or INR 24.04 per diluted share against INR 334,768,000 or INR 15.72 per diluted share a year ago. LBITDA was INR 1,109,518,000 against INR 272,711,000 a year ago. Adjusted LBITDA was INR 558,635,000 against INR 268,469,000 a year ago. Adjusted loss from operations was INR 640,202,000 against INR 330,205,000 a year ago. Adjusted loss for the period was INR 570,421,000 against INR 342,438,000 a year ago. Adjusted basic and diluted loss per share was INR 16.52 against INR 15.48 a year ago.
For the year, the company reported total revenue of INR 9,345,148,000 against INR 8,338,032,000 a year ago. Loss from operations was INR 1,863,415,000 against INR 1,204,917,000 a year ago. Loss before income taxes was INR 5,895,976,000 against INR 1,236,787,000 a year ago. Loss attributable to owners of the company was INR 5,901,483,000 or INR 237.89 per diluted share against INR 1,218,824,000 or INR 58.10 per diluted share a year ago. LBITDA was INR 1,587,828,000 against INR 971,214,000 a year ago. Adjusted LBITDA was INR 1,000,896,000 against INR 951,844,000 a year ago. Net cash used in operating activities was INR 1,589,820,000 against INR 459,903,000 a year ago. Purchase of property, plant and equipment was INR 65,055,000 against INR 68,672,000 a year ago. Purchase and development of intangible assets was INR 408,643,000 against INR 239,098,000 a year ago. Adjusted loss from operations was INR 1,276,483,000 against INR 1,185,547,000 a year ago. Adjusted loss for the period was INR 1,337,615,000 against INR 1,220,765,000 a year ago. Adjusted basic and diluted loss per share was INR 53.60 against INR 57.05 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.