Yatra Posts 16.5% YoY Growth in Gross Bookings for Q1 FY27; EBITDA Declines Amid Headwinds

Yatra Posts 16.5% YoY Growth in Gross Bookings for Q1 FY27; EBITDA Declines Amid Headwinds​

Yatra Online Ltd has released its un-audited Standalone and Consolidated Financial Results for the first quarter of Fiscal Year 2027 (Q1 FY27), showcasing robust top-line growth alongside profit pressures. The company reported gross bookings reaching INR 21,007 Mn, which marks a 16.5% increase year-over-year.

The results highlight strong transactional momentum across the travel sector. Total Air and Hotel & Package transactions saw an increase of 12.2% year-on-year. Furthermore, room nights grew approximately 30% year-over-year, supported by continued expansion in hotel supply. The company also reported that its Gross Margin increased by 6.1% year-over-year to INR 1,227 Mn.

In terms of corporate business, Yatra added 53 new corporate customers with an annual billable potential totaling INR 2,223 Mn. Additionally, the MSME Go-To-Market team secured over 30 new logos. International expansion is also underway as part of a seven-year partnership with Kanoo Travel, marking a significant move for Yatra’s enterprise travel platform.

Financial Performance and Challenges

Despite operational strength in bookings and Gross Margin, the company's EBITDA saw a decline of 45.6% year-over-year, closing at INR 132 Mn. This reduction was attributed primarily to weaker international MICE volumes and reduced margins. The performance was also affected by lower airline-related income, stemming from regional airlines delaying incentive finalization given the uncertain business environment. Moreover, Corporate Travel spends were observed to be muted year-over-year due to higher ticket prices, a trend expected to improve in Q2.

A comparison of key financial metrics for Q1 FY27 and previous periods provides insight into both growth areas and margin pressure:


Market Position and Business Segments

Yatra maintains a significant position in both the B2C and B2B travel markets. It operates as India's largest managed corporate travel services provider, servicing over 1,300 large and medium corporates and approximately 60,000 SME clients. The company is also noted as one of India’s largest Online Travel Agencies (OTAs).

Key consumer metrics include:


Internally, the company utilizes a multi-channel approach across desktop and mobile platforms to enhance accessibility for both corporate and consumer travelers.

Financial Key Performance Indicators (KPIs)

The comprehensive financial data available shows the following figures:


Capital Market Data

As of June 30, 2026, the Capital Market data for Yatra stood as follows:

YATRA Stock Price Movement​

On Wednesday, shares of Yatra Online Limited gained 2.66% in the closed market, finishing at ₹118.99. The stock movement was supported by strong trading volume, which totaled nearly 8.5 million shares during the session.