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Yatra Online Swings to Rs 74.8 Lakh Loss in Q2 FY27

Yatra Online's revenue fell about 39.1% to Rs 213.6 crore on lower MICE volumes, while gross bookings rose about 6%.

Jhanvi Shah Nov 13, 2026, 10:00 AM IST 3 min read

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Key Takeaways

Consolidated net loss of Rs 74.8 lakh, against a profit of about Rs 14.3 crore a year earlier.
Revenue from operations fell about 39.1% to Rs 213.6 crore but rose about 13.7% from the June quarter.
Gross bookings rose about 6% to Rs 2,165.5 crore; EBITDA fell about 47% to Rs 13.2 crore.
Yatra added 54 corporate customers, and gross air bookings rose 14.8% to Rs 1,700.6 crore.

Table of Contents 5 sections

Yatra Online Q2 FY27 at a glance
Yatra's bookings grew even as reported revenue fell
Yatra's corporate travel business added 54 customers
Where Yatra Online stands after the first half of FY27
FAQs

Yatra Online Limited, the travel company listed on the NSE and BSE, reported a consolidated net loss of Rs 74.8 lakh for the July to September 2026 quarter (Q2 FY27). It had a profit of about Rs 14.3 crore in the same quarter last year and a profit of Rs 33.9 lakh in the April to June quarter. The board approved the results on 12 November 2026. All figures in this post are consolidated.

Revenue from operations fell about 39.1% year on year to Rs 213.6 crore from about Rs 350.9 crore, but rose about 13.7% from Rs 187.9 crore in the June quarter. The company said the fall mainly reflected lower MICE volumes (meetings, incentives, conferences and exhibitions).

Yatra Online Q2 FY27 at a glance

Detail	Value
Net result	Loss of Rs 74.8 lakh (profit of about Rs 14.3 crore a year ago; profit of Rs 33.9 lakh last quarter)
Revenue from operations	Rs 213.6 crore, down about 39.1% year on year, up about 13.7% quarter on quarter
EBITDA	Rs 13.2 crore, down about 47%
Adjusted EBITDA	Rs 15 crore (Rs 25.5 crore a year ago)
Gross margin (revenue less service cost)	Rs 125.5 crore, down 0.2% year on year
Gross bookings	Rs 2,165.5 crore, up about 6% year on year

Yatra's bookings grew even as reported revenue fell

It sells air tickets, hotel stays, holiday packages, bus and rail tickets to business and leisure travellers through its website, apps and corporate platforms. Its gross bookings, the total amount customers paid for travel booked through Yatra, rose about 6% to Rs 2,165.5 crore in the quarter, while revenue fell because of the drop in MICE business.

Gross air bookings rose 14.8% year on year to Rs 1,700.6 crore, and air gross margin rose about 29% to Rs 75.7 crore. Air passenger volumes fell about 2%, compared with a 6% fall in domestic air traffic, the company said. Standalone hotel gross bookings rose about 20%. EBITDA of Rs 13.2 crore was about 10.5% of gross margin.

Yatra's corporate travel business added 54 customers

Yatra Online added 54 new corporate customers in the quarter, with an estimated annual billable potential of Rs 203.5 crore. Corporate gross bookings rose 18% year on year and 10% quarter on quarter. Personal travel bookings by employees of corporate customers rose 36%.

Where Yatra Online stands after the first half of FY27

For the six months to September 2026, Yatra Online's revenue from operations fell about 28.4% to Rs 401.5 crore, its gross bookings rose about 11% to Rs 4,266.1 crore and it reported a net loss of Rs 40.9 lakh. It had cash, cash equivalents and term deposits of Rs 218 crore on 30 September 2026. Its US-listed parent, Yatra Online, Inc., reports its own results separately.

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Frequently Asked Questions

What is Yatra Online Limited?

Yatra Online Limited is an Indian travel company listed on the NSE and BSE that sells air tickets, hotels, holiday packages and corporate travel services.

How much did Yatra Online lose in Q2 FY27?

Yatra Online reported a consolidated net loss of Rs 74.8 lakh for the quarter ended 30 September 2026.

How did Yatra Online's result compare with last year?

Yatra Online had a consolidated profit of about Rs 14.3 crore in the same quarter last year, so it moved from profit to a loss of Rs 74.8 lakh.

How much revenue did Yatra Online report in Q2 FY27?

Yatra Online's revenue from operations was Rs 213.6 crore, down about 39.1% from about Rs 350.9 crore a year earlier.

How did Yatra Online's revenue change from the June quarter?

Yatra Online's revenue rose about 13.7% from Rs 187.9 crore in the April to June 2026 quarter.

Why did Yatra Online's revenue fall?

Yatra Online said the fall mainly reflected lower MICE volumes, which cover meetings, incentives, conferences and exhibitions.

What were Yatra Online's gross bookings in Q2 FY27?

Yatra Online's gross bookings rose about 6% year on year to Rs 2,165.5 crore in the quarter.

What was Yatra Online's EBITDA in Q2 FY27?

Yatra Online's EBITDA fell about 47% to Rs 13.2 crore, which was about 10.5% of its gross margin.

How many corporate customers did Yatra Online add?

Yatra Online added 54 new corporate customers in the quarter, with an estimated annual billable potential of Rs 203.5 crore.

How did Yatra Online's air business perform?

Yatra Online's gross air bookings rose 14.8% to Rs 1,700.6 crore and its air gross margin rose about 29% to Rs 75.7 crore.

Who is the CEO of Yatra Online?

Siddhartha Gupta is the Chief Executive Officer of Yatra Online Limited.

Are these Yatra Online figures consolidated?

Yes, all the Yatra Online Limited figures in this post are consolidated, and its US-listed parent Yatra Online, Inc. reports its own results separately.