India's Yatra Online Q4 revenue falls 10% amid challenging travel environment
YTRA•Outlook
- Company says geopolitical and aviation-related uncertainties are expected to persist
- Yatra plans to focus on scaling higher-margin Hotels business and strengthening profitability
- Company aims to leverage technology, AI and automation to improve efficiency and customer experience
Overview
- India corporate travel provider's Q4 revenue fell 10% yr/yr amid challenging travel environment
- Gross Bookings for Q4 rose 16% yr/yr, driven by resilient domestic demand
- Net income for Q4 declined 63% yr/yr due to higher costs and lower margins
Key details
| Metric | Actual |
|---|---|
| Q4 Revenue | INR 1.88 bln |
| Q4 Net Income | INR 40.90 mln |
| Q4 Adjusted EBITDA | INR 215.90 mln |
| Q4 Gross Bookings | INR 21.007 bln |
Analyst coverage:
- The one available analyst rating on the shares is "buy"
- The average consensus recommendation for the leisure & recreation peer group is "buy"
- Wall Street's median 12-month price target for Yatra Online Inc is $3.00, about 244.8% above its August 11 closing price of $0.87
