The following is a summary of the Yatra Online, Inc. (YTRA) Q2 2025 Earnings Call Transcript:
Financial Performance:
Yatra Online reported a drastic year-over-year revenue increase of 151% to INR 2.36 billion, largely due to the strong performance of its Hotels and Packages segment and MICE business.
The company's adjusted EBITDA for the quarter was INR 66.7 million, an increase of 91% year-over-year.
Despite a 10% decline in the Air Ticketing segment, overall gross bookings remained stable at INR 17.7 billion.
Business Progress:
Yatra successfully completed the acquisition of Globe Travels, significantly boosting its portfolio in the corporate travel market with new and diversified customer bases.
The company has made significant advancements in integrating new distribution capabilities (NDC), enhancing its corporate travel services and improving the booking experience.
Investment in the development of its expense management solution, RECAP, which shows strong potential in pilot phase, could further secure its stance in corporate travel and expense management sectors.
Opportunities:
The strategic acquisition of Globe Travels is expected to reinforce Yatra's leadership in India's corporate travel market and strengthen its standing with suppliers.
Expansion in the MICE segment and corporate hotels continues to drive considerable growth, with opportunities for further expansion through cross-selling to an enlarged customer base.
Risks:
The B2C air segment faces intensified price competition from domestic suppliers, posing challenges in maintaining market share and profitability.
Economic fluctuations and the impact upon corporate spending could indirectly influence the travel sector's recovery pace and sustainability.
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
