Yatra Online, Inc. announced its unaudited financial and operating results for the three months and full year ended March 31, 2025. For fiscal year 2025, the company reported revenue of INR 7,957.3 million (USD 93.1 million), marking an 89.9% year-over-year increase. This strong performance was driven by momentum in its Corporate Travel and MICE businesses.
A significant highlight was the achievement of full-year profitability, with a net profit of INR 23.9 million (USD 0.277 million) for FY25, a substantial improvement from a loss of INR 366.5 million (USD 4.3 million) in the prior fiscal year. Adjusted EBITDA for the full year grew 28.3% year-over-year to INR 343.8 million (USD 4.0 million), reflecting cost optimization and high-growth opportunities.
For the fourth quarter of FY25, revenue reached INR 2,192.5 million (USD 25.7 million), up 114.0% year-over-year, with Revenue Less Service Cost (RLSC) increasing by 33.9% to INR 1,094.0 million (USD 12.8 million). Adjusted EBITDA for Q4 was INR 90.0 million (USD 1.1 million), up 23.0% year-over-year. The MICE business emerged as a standout performer with significant revenue growth and margin expansion.
Yatra onboarded 35 new corporate clients in Q4, adding an annual billing potential of INR 1,430.0 million (USD 16.7 million), and secured 148 new clients for the full fiscal year. The integration of Globe Travels, acquired in September 2024, exceeded expectations, delivering synergies in supplier consolidation, technology adoption, and cross-selling. These efforts enhance the company's tech-driven solutions for its growing client base.
Looking ahead to fiscal year 2026, Yatra introduced preliminary guidance projecting approximately 20% growth in Revenue Less Service Costs (RLSC) and 30% year-over-year growth in Adjusted EBITDA. This positive outlook is based on continued expansion in corporate travel, scaling of MICE and Hotels and Packages, and full cost synergies from the Globe acquisition. The company also noted ongoing progress in simplifying its multi-jurisdictional corporate structure.
The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.