Now Reading: Yatra profit crashes 98% to Rs 34 lakh in Q1, revenue down 10%
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Yatra profit crashes 98% to Rs 34 lakh in Q1, revenue down 10%
Online travel aggregator Yatra's consolidated net profit crashed 97.9% to Rs 34 lakh in Q1 FY27 from nearly Rs 16 crore in the year-ago quarter, Inc42 reports. Sequentially, PAT dropped 95.9% from…
The Story in Brief
Online travel aggregator Yatra's consolidated net profit crashed 97.9% to Rs 34 lakh in Q1 FY27 from nearly Rs 16 crore in the year-ago quarter, Inc42 reports. Sequentially, PAT dropped 95.9% from Rs 8.2 crore in Q4 FY26. Revenue from operations fell 10.4% to Rs 187.9 crore from Rs 209.8 crore last year. Quarter-on-quarter, revenue dipped a marginal 0.06% from Rs 189 crore. Total income, including Rs 4.1 crore of other income, stood at Rs 192 crore. Expenses fell 3.6% to Rs 191.3 crore, not enough to offset the revenue decline.
The Indian Opinion
Numbers this bleak invite talk of a broken business model, but the real story is narrower. Yatra cut costs by only 3.6%, far slower than its 10.4% revenue slide, crushing margins. The narrative that OTAs cannot survive travel demand is lazy, rivals may show different results. The concrete test: watch Q2 average ticket value and booking volume, which will separate a cyclical blip from structural decay.
Source: inc42.com
This story was synthesised by AI from the source linked above.
