Yatra Online, Inc. Reports Earnings Results for the Fourth Quarter Ended March 31, 2021
June 08, 2021 at 08:59 am EDT
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Yatra Online, Inc. announced earnings results for the fourth quarter ended March 31, 2021. For the fourth quarter, the company announced total revenue was INR 506.862 million compared to INR 1,284.011 million a year ago. Operating loss was INR 514.757 million compared to INR 52.862 million a year ago. Net loss was INR 589.994 million compared to INR 186.294 million a year ago. For the full year, total revenue was INR 1,271.268 million compared to INR 7,259.355 million a year ago. Operating loss was INR 1,470.166 million compared to INR 625.054 million a year ago. Net loss was INR 1,177.343 million compared to INR 833.808 million 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.