Yatra Online Limited is looking at its best financial years yet, reporting a massive 113% jump in revenue for Q3 FY25, driven by strong corporate travel demand and smart business moves. The company’s revenue from operations soared to ₹235.25 crore, up from ₹110.34 crore a year ago, while profits skyrocketed 10X to ₹10.07 crore, compared to a modest ₹1.06 crore in Q3 FY24.
The travel giant’s EBITDA for the quarter came in at ₹14.6 crores, with a 14% margin, signalling tighter cost control and improved operational efficiency. Yatra raked in ₹241 crore in total income, including ₹ 6 crore from financial sources. Meanwhile, service costs—its biggest expense—hit ₹131 crore, making up 56% of total spending, followed by ₹39 crore on employee benefits. Marketing, IT, and other operational costs amounted to ₹231 crore.
“By leveraging Yatra’s tech platform within GAISL’s customer base, we expect to unlock further efficiencies, drive incremental revenue, and enhance our long-term competitive positioning. Looking ahead, we remain excited about the opportunities before us. With record corporate client acquisitions, continued expansion in MICE, and disciplined execution of our strategic priorities, we are confident in our ability to reinforce our market leadership and drive sustainable value for all stakeholders,” said Dhruv Shringi, Whole-time Director & CEO of Yatra Online.
Yatra’s corporate travel division is firing on all cylinders, with the company adding 50 new corporate accounts in Q3, bringing in an additional billing potential of ₹280.4 crore. India’s largest corporate travel service provider, Yatra, is already doubling down on expanding its partnerships and scaling operations. The company also strengthened its financial health, bringing down its gross debt to ₹3.25 crore after paying off ₹24.5 crore during the quarter. Its cash reserves stood at ₹182.8 crore as of 31 December 2024.
Investors took notice of the blockbuster quarter, with Yatra’s stock jumping 6.4% on Tuesday, hitting an intraday high of ₹99.3 per share on the BSE. With ₹572 crore in revenue in the first nine months of FY25 and a solid ₹21.3 crore in profits, Yatra is back in the fast lane, capitalising on India’s post-pandemic travel boom.