Online travel aggregator (OTA) Yatra’s profit after tax for Q3 FY26 dipped 17% to ₹8.3 Cr from ₹10 Cr in the year ago period. On a QoQ basis, PAT declined 42% from ₹14.2 Cr reported in the previous quarter. The company said the quarter was impacted by a one-time statutory charge of ₹3.8 Cr due to the implementation of new labour codes. Excluding this impact, Yatra’s profit would have grown 21% YoY. Meanwhile, Yatra’s operating revenue increased 9% to ₹256.8 Cr from ₹235.2 Cr in the year-ago period. The company’s top line declined 27% from ₹350.8 Cr recorded in the previous quarter. Including other income of ₹4.8 Cr, Yatra’s total income for the period stood at ₹261.5 Cr. Total expenses for the quarter stood at ₹248.7 Cr, a 8% increase from ₹231.2 Cr in the same period last year. Revenue less service cost (RLSC), which essentially is gross margin, rose 23% YoY to ₹127.7 Cr from ₹104.1 Cr in the year-ago period. Gross margin percentage improved marginally to 5.9% from 5.8% last year. EBITDA jumped 64% YoY to ₹23.9 Cr while EBITDA margin expanded to 18.7% from 14% in Q3 FY25. The company’s gross bookings grew 21% YoY to ₹2,175.9… Read MoreInc42 Media
