Now Reading: Yatra profit plunges as EaseMyTrip posts Q1 loss
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Yatra profit plunges as EaseMyTrip posts Q1 loss
Online travel aggregator Yatra’s consolidated net profit fell 97.9% year-on-year to Rs 34 lakh in Q1 FY27, from nearly Rs 16 crore a year earlier, Inc42 reports. Revenue from operations declined 10.4%…
The Story in Brief
Online travel aggregator Yatra’s consolidated net profit fell 97.9% year-on-year to Rs 34 lakh in Q1 FY27, from nearly Rs 16 crore a year earlier, Inc42 reports. Revenue from operations declined 10.4% to Rs 187.9 crore, while expenses fell 3.6% to Rs 191.3 crore.
EaseMyTrip reported a consolidated net loss of Rs 11.7 crore, against a profit of Rs 44 lakh in Q1 FY26. Its operating revenue rose 18.4% to Rs 134.7 crore, but expenses climbed 29.8% to Rs 152.7 crore. Service costs more than doubled to Rs 39.2 crore. Hotel packages revenue more than doubled, while air revenue fell 4%.
The Indian Opinion
The easy story is that travel demand has weakened, but the numbers are mixed. Yatra faced falling revenue, while EaseMyTrip grew its top line and still lost money as costs rose faster. Claims that hotel growth alone proves a turnaround also overlook weaker air and bus bookings. For investors, the harder test is whether EaseMyTrip can contain expenses and whether Yatra can restore revenue growth in the next quarter.
Sources (2): inc42.com, inc42.com (2)
This story was synthesised by AI from the 2 sources linked above.
Updated: this story now draws on 2 sources.
