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Travel Support Services company Yatra Online announced Q4FY26 & FY26 results Consolidated Financial Highlights: Revenue from operations: Rs 10,065.10 million for FY26, compared to Rs 7,914.42 million for the year ended March 31, 2025. For Q4FY26, revenue stood at Rs 1,890.12 million, compared to Rs 2,189.72 million in Q4FY25 and Rs 2,568.15 million in Q3FY26. Total Income: Rs 10,322.84 million for FY26, compared to Rs 8,232.73 million for the year ended March 31, 2025. Profit for the period (Net Profit): Rs 468.10 million for FY26, compared to Rs 365.74 million in FY25. For Q4FY26, net profit was Rs 82.02 million, compared to Rs 152.18 million in Q4FY25 and Rs 83.36 million in Q3FY26. Earnings Per Share (EPS): Basic and Diluted EPS for FY26 were Rs 2.98 each, up from Rs 2.33 in FY25. Standalone Financial Highlights: Revenue from operations: Rs 6,356.47 million for FY26, compared to Rs 6,068.69 million for FY25. For Q4FY26, revenue stood at Rs 1,479.37 million, compared to Rs 1,389.37 million in Q4FY25 and Rs 1,445.15 million in Q3FY26. Total Income: Rs 6,658.58 million for FY26, compared to Rs 6,402.03 million for FY25. Profit for the period (Net Profit): Rs 379.57 million for FY26, compared to Rs 276.20 million in FY25. For Q4FY26, net profit was Rs 135.13 million, compared to Rs 109.84 million in Q4FY25 and Rs 48.40 million in Q3FY26. Earnings Per Share (EPS): Basic and Diluted EPS for FY26 were Rs 2.42 each, compared to Rs 1.76 in FY25. Business Highlights: Audit Qualifications: The auditors issued a "Qualified Opinion" on the standalone financial results due to non-confirmation and non-reconciliation of certain balances (vendors, inter-corporate deposits, loans, and advances). The management believes the impact is not ascertainable and that these balances are recoverable. Audit Opinion: The Statutory Auditors have issued an unmodified opinion on the Consolidated Financial Results for FY26. IPO Proceeds: The company provided an update on the utilization of IPO proceeds. As of March 31, 2026, Rs 694.66 million of the IPO proceeds remained unutilized and were temporarily invested in fixed deposits with scheduled commercial banks. Amalgamation: The company completed the amalgamation of Yatra Online Limited with its six wholly-owned subsidiaries, effective April 1, 2024, following NCLT approval. Labour Codes Impact: The company assessed the impact of the new Labour Codes (effective November 21, 2025) and recognized an incremental change of Rs 17.75 million and Rs 9.25 million towards Gratuity and long-term compensated absences, respectively, presented under "Exceptional Items." Subsidiary Investments: The Company completed several strategic investments in its subsidiaries during the year, including the acquisition of a controlling stake in Noumed Life Sciences Limited (UK) through its subsidiary Sai Parenterals Pte. Limited (SPPL). Siddhartha Gupta, Chief Executive Officer, said: “Yatra delivered a strong FY26, with execution remaining strong despite a volatile macro and geopolitical backdrop. Performance was broadly in line with revised guidance, supported by 24.5% RLSC growth and 37.5% Adjusted EBITDA growth, reflecting operating leverage and disciplined cost control. Across businesses, Yatra strengthened its competitive position. The Air segment delivered healthy TTV growth while maintaining margin discipline, with passenger growth outpacing industry levels throughout the quarter and the full year. The Hotels & Packages business also gained momentum, led by strong growth in standalone hotels and margin expansion driven by a better mix and improved monetization. The Corporate (B2E) business remained a key growth driver. During FY26, Yatra added 163 new corporate customers with an annual billable value of about Rs 9,568 million, up from 148 customers and Rs 7,475 million in FY25, underscoring continued traction in the enterprise travel market. Q4 was affected by geopolitical disruptions and war-related uncertainty, which weighed on international travel demand, particularly in MICE. Some corporate bookings were deferred or cancelled, though management expects a meaningful portion of this demand to return as conditions normalize. Despite these temporary headwinds, Yatra continued to post healthy growth in gross bookings and transactions, supported by market share gains, improving take rates, and a strong corporate pipeline. Result PDF

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