Yatra Online Reports 27.2% Revenue Growth, 53.2% EBITDA Increase for FY26

Yatra Online Reports 27.2% Revenue Growth, 53.2% EBITDA Increase for FY26​

Yatra Online Limited, a leading corporate travel services provider and one of India's top online travel companies, announced its audited Standalone and Consolidated Financial Results for the fourth quarter and the full fiscal year (FY26) ended March 31, 2026.

The company reported substantial growth across key financial metrics for FY26, driven by strong operational performance despite macro headwinds.

FY26 Consolidated Financial Highlights​

Yatra Online Limited reported robust growth across its core financial parameters for the full fiscal year 2025-2026.


For the full year, the company achieved an EBITDA of INR 855 Mn, with the Gross Margin (RLSC) growing 24.5% YoY to INR 4,824 Mn, exceeding the revised guidance of 22.5%.

Q4 FY26 Performance​

For the fourth quarter of FY26, the company reported the following performance figures:


Note: Adjusted EBITDA and EBITDA include other income of INR 17 Mn.

Operational and Business Highlights​

The company noted that its Net Profit improved to INR 468 Mn for the year, reflecting a YoY growth of 28.1%. Although the overall PAT growth was impacted by the introduction of the new wage code in Q3, excluding that effect, the PAT for the year would have been INR 506 Mn, marking a YoY growth of 38.5%.

Q4 FY26 Operational Updates:
Despite international disruption related to the war environment, Yatra reported resilient operating performance in Q4. Key operational growth areas include:

• Gross bookings grew 8.3% YoY.
• Gross margin increased 3.6% YoY.
• Total transactions rose 15.2% YoY.
• Air passengers grew 9.6% YoY, nearly double the industry growth rate, indicating market share expansion.
• The Corporate business remained strong, adding 55 new corporate customers in the quarter, equating to an annual billable potential of INR 2,709 Mn.

FY26 Corporate Trajectory:
Overall, the Corporate (B2E) business was a major growth driver. During FY26, Yatra added 163 new corporate customers, generating an annual billable value of approximately INR 9,568 Mn. This represents growth compared to the 148 customers and INR 7,475 Mn reported in FY25.

Management Commentary:
Commenting on the results, Chief Executive Officer, Mr. Siddhartha Gupta, stated that Yatra delivered a strong FY26 performance, supported by 24.5% RLSC growth and 37.5% Adjusted EBITDA growth, which reflected operating leverage and disciplined cost control.

Mr. Gupta highlighted that the Air segment maintained margin discipline while the Hotels & Packages business gained momentum through strong growth in standalone hotels and improved monetization. He acknowledged that while geopolitical disruptions weighed on international MICE travel, the company continued to post healthy growth in gross bookings and transactions.

YATRA Stock Price Movement​

On Friday, Yatra Online Limited shares climbed 5.10%, settling at ₹101.34 after a strong session. The stock saw robust trading action, completing the day with a substantial volume of 3.31 million shares.