Yatra Online Limited, India’s largest corporate travel services provider and one of the country’s leading online travel platforms, has announced record-breaking financial results for the fourth quarter and full fiscal year ended March 31, 2025. The company’s impressive performance was driven by robust growth across key segments, including Corporate Travel, MICE (Meetings, Incentives, Conferences, and Exhibitions), and Hotels & Packages, along with strategic benefits from the acquisition of Globe Travels.
For Q4-FY25, Yatra reported a revenue of INR 2,190 million, marking a 103% year-over-year (YoY) growth. EBITDA rose by 114% to INR 232 million, with a healthy EBITDA margin of 21%. Net profit surged by 173% YoY to INR 152 million, the highest quarterly profit in the company’s history. The company’s gross margin (Revenue Less Service Costs) stood at INR 1,094 million, up 28% YoY, while adjusted EBITDA climbed 62% YoY to INR 251 million.
On a full-year basis (FY25), Yatra recorded a revenue of INR 7,914 million, an 87% increase compared to the previous year. EBITDA grew by 105% to INR 558 million, and net profit witnessed a staggering 912% growth to reach INR 366 million. The company also reported a 15% YoY increase in gross margin, which stood at INR 3,875 million, and a 25% rise in adjusted EBITDA to INR 667 million. Yatra ended the fiscal year with a strong financial position, boasting cash, cash equivalents, and term deposits of INR 1,906 million as of March 31, 2025. Gross debt was reduced from INR 638 million to INR 546 million during the same period.
Further strengthening its corporate business, Yatra onboarded 35 new corporate clients in Q4-FY25, with a projected annual billing potential of INR 1,430 million. Commenting on the performance, Mr. Dhruv Shringi, Whole Time Director and CEO of Yatra Online, stated, “We closed FY25 on a high note, driven by organic momentum in our Corporate and MICE segments and the strategic addition of Globe Travels. Our strong profitability and cost discipline position us well for future growth. We remain focused on innovation through AI-powered personalization and expanding our high-margin verticals.”
Looking ahead, Yatra has issued preliminary guidance for FY26, projecting a 20% growth in Revenue Less Service Costs (RLSC) and a 30% year-over-year increase in adjusted EBITDA. These targets are supported by planned expansions in corporate travel services, scaling of the MICE and Hotels & Packages verticals, and full realization of synergies from the Globe Travels acquisition.
With India’s outbound and business travel markets growing rapidly, Yatra Online is well-positioned to maintain its upward trajectory. Its strong financial performance, tech-driven innovation, and strategic focus on high-margin verticals underscore its leadership in the evolving travel ecosystem.
