Yatra Online, Inc. Reports Unaudited Financial Results for the Three Months Ended June 30, 2018
August 17, 2018 at 07:16 am EDT
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Yatra Online, Inc. reported unaudited financial results for the three months ended June 30, 2018. For the quarter, the company reported total revenue of INR 2,839,701,000 against INR 3,027,071,000 a year ago. Loss from operations was INR 705,381,000 against INR 970,580,000 a year ago. Loss before income taxes was INR 310,697,000 against INR 3,113,371,000 a year ago. Loss attributable to owners of the company was INR 380,641,000 or INR 8.56 per diluted share against INR 3,127,827,000 or INR 91.86 per diluted share a year ago. Net cash used in operating activities was INR 1,351,052,000 against INR 382,276,000 a year ago. Adjusted LBITDA was INR 407,181,000 against INR 610,351,000 a year ago. Adjusted loss from operations was INR 539,191 compared with INR 699,035,000 a year ago. Adjusted loss for the period was INR 582,785,000 compared with INR 674,304,000 a year ago. Adjusted diluted loss per share was INR 16.00 compared with INR 19.57 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.