Yatra Online, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2023
February 14, 2024 at 07:51 am EST
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Yatra Online, Inc. reported earnings results for the third quarter and nine months ended December 31, 2023. For the third quarter, the company reported revenue was INR 1,112.05 million compared to INR 902.57 million a year ago. Net loss was INR 28.5 million compared to INR 216.43 million a year ago. Basic loss per share from continuing operations was INR 0.45 compared to INR 3.44 a year ago. Diluted loss per share from continuing operations was INR 0.45 compared to INR 3.44 a year ago.
For the nine months, revenue was INR 3,165.44 million compared to INR 2,633 million a year ago. Net loss was INR 322.69 million compared to INR 295.52 million a year ago. Basic loss per share from continuing operations was INR 5.06 compared to INR 4.71 a year ago. Diluted loss per share from continuing operations was INR 5.06 compared to INR 4.71 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. 
