Yatra Online slips over 2% despite online travel service provider returning to profitability in Q3
The online ticket booking company returned to profitability to a consolidated profit of Rs 1 crore in the December quarter from a loss of Rs 5.60 crore Year-on-Year (YoY).
Yatra Online Share Price: Yatra Online shares were trading in negative territory on BSE on Thursday (December 15, 2024) despite the online travel service provider returning to profitability in the December quarter for the first time after getting listed.
The stock of Yatra Online was trading down by 2.27 per cent, or Rs 3.95, at Rs 170.20 at 11:21 am on Thursday.
Yatra Online Q3 Results
The online travel service provider returned to profitability with a consolidated profit of Rs 1 crore in the December quarter from a loss of Rs 5.60 crore Year-on-Year (YoY).
The company's revenue from operations jumped 11.1 per cent to Rs 110 crore in the quarter under review from Rs 90 crore in the same quarter last fiscal.
Yatra Online's EBITDA for the December quarter skyrocketed by 54.1 per cent to Rs 3.7 crore from Rs 2.4 crore.
The firm's margin also improved to 3.3 per cent in the quarter under review from 2.6 per cent in the corresponding period last fiscal.
Yatra Online listed on September 28 and filed its first quarterly results in the same month.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
SRH vs GT IPL 2024 Ticket Booking Online: Where and how to buy SRH vs GT tickets online - Check IPL Match 66 ticket price, other details
Top 7 SWP Mutual Funds: Rs 50 lakh investment, Rs 70K monthly pension for 10 years, and Rs 42.30 lakh balance value; know more details
RCB vs CSK IPL 2024 Ticket Booking Online: Where and how to buy RCB vs CSK tickets online - Check IPL Match 68 ticket price, other details
Gold and Silver rate today (May 13, 2024): Precious metal under pressure; yellow metal near Rs 72,400, white metal above Rs 84,600
SIP Returns: How Rs 3,000, 5,000, and Rs 10,000 SIPs can help you build retirement corpus of Rs 1.06 cr, Rs 1.77 cr, and Rs 3.53 cr
TBO Tek IPO Listing LIVE Update: Bumper Debut! Share list at 55% premium - Buy, sell or hold? Check Anil Singhvi's view
11:44 AM IST