Yatra Online, Inc. Reports Earnings Results for the Third Quarter Ended December 31, 2019
February 27, 2020 at 06:40 am EST
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Yatra Online, Inc. announced earnings results for the third quarter ended December 31, 2019. For the third quarter, the company announced total revenue was INR 1,966.805 million compared to INR 2,204.740 million a year ago. Operating income was INR 29.090 million compared to operating loss of INR 325.920 million a year ago. Net income was INR 112.638 million compared to INR 143.297 million a year ago. Basic earnings per share was INR 2.42 compared to INR 3.1 a year ago. Diluted earnings per share was INR 2.39 compared to INR 2.9 a year ago. For the nine months, total revenue was INR 5,975.344 million compared to INR 7,100.168 million a year ago. Operating loss was INR 572.193 million compared to INR 1,966.473 million a year ago. Net loss was INR 647.513 million compared to INR 299.623 million a year ago. Basic loss per share was INR 13.93 compared to INR 7.04 a year ago. Diluted loss per share was INR 13.93 compared to INR 7.72 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.
YATRA ONLINE, INC. 
