Online travel aggregator Yatra reported a 46.1% year-on-year decline in consolidated net profit to ₹8.2 crore in Q4 FY26, down from ₹15.2 crore in the same quarter last year, according to inc42.com. On a quarter-on-quarter basis, profit after tax fell 1.6% from ₹8.3 crore in the previous quarter. The company’s revenue from operations dropped nearly 14% to ₹189 crore from ₹218.9 crore year-on-year and declined 26.4% from ₹256.8 crore sequentially.
The decline in Yatra’s bottom line was driven by a significant fall in revenue, despite a 10% reduction in total expenses to ₹193.7 crore from ₹215.2 crore in the year-ago quarter. Including other income of ₹10.4 crore, total income for the quarter stood at ₹199.4 crore. The company’s revenue less service cost (RLSC), representing gross margin, rose marginally by 3.6% year-on-year to ₹113.3 crore. EBITDA improved 45.5% year-on-year to ₹12.6 crore, with an EBITDA margin of 11.2% during the quarter.
This performance highlights the challenges faced by travel tech firms amid volatile macroeconomic and geopolitical conditions, impacting consumer travel demand and spending. Despite the quarterly decline, Yatra’s full FY26 results showed a 28% increase in net profit to ₹46.8 crore and a 27.2% rise in revenue from operations to ₹1,006.5 crore, reflecting resilience and operational discipline. The company’s CEO Siddhartha Gupta noted that FY26 performance was broadly in line with revised guidance, supported by growth in RLSC and adjusted EBITDA.
Looking ahead, Yatra aims to sustain its growth trajectory by leveraging operating leverage and disciplined cost control. Investors and market watchers will be keen to track the company’s performance in the upcoming quarters to assess its recovery amid ongoing market uncertainties and evolving travel demand patterns.