Yatra’s Q4 FY26 Profit Drops 46% to ₹8.2 Cr
Infographic: Yatra’s Q4 FY26 Net Profit Plunges 46% to ₹8.2 Cr Amid Revenue Decline
Key Highlights
Yatra’s Q4 FY26 net profit saw a sharp 46.1% decline to ₹8.2 Cr, impacted by a significant drop in operational revenue. Explore the financial challenges faced by the OTA.
Online travel aggregator (OTA) Yatra has announced a sharp decline in its consolidated net profit for the fourth quarter of fiscal year 2026 (Q4 FY26), which plummeted by 46.1% year-on-year to ₹8.2 Cr. This marks a notable decrease from the ₹15.2 Cr reported in the corresponding quarter of the previous fiscal year. The downturn in profitability was largely attributed to a contraction in the company’s operational revenue, reflecting a challenging period for the travel tech firm.
On a quarter-on-quarter basis, Yatra’s profit after tax () also experienced a marginal decline of 1.6%, falling from ₹8.3 Cr recorded in Q3 FY26. This sequential dip, coupled with the significant annual reduction, underscores the pressures faced by the company in its most recent reporting period, warranting a closer examination of its financial health and strategic responses.
Q4 FY26 Financial Performance Overview
The primary driver behind the reduced profitability in Q4 FY26 was a nearly 14% year-on-year decline in Yatra’s revenue from operations, which stood at ₹189 Cr. This figure is a notable decrease from ₹218.9 Cr reported in Q4 FY25. Furthermore, the company’s top-line performance also suffered a substantial quarter-on-quarter drop of 26.4% from ₹256.8 Cr recorded in the preceding quarter, indicating a significant sequential slowdown in business activity.
Including other income of ₹10.4 Cr, Yatra’s total income for the period amounted to ₹199.4 Cr. Despite the revenue contraction, the company managed to control its total expenses for the quarter, which stood at ₹193.7 Cr. This represented a nearly 10% reduction from the ₹215.2 Cr incurred during the same period in the last fiscal year, partially mitigating the impact of the revenue slide on the overall financial outcome.
Annual Performance Highlights for FY26
Despite a challenging Q4, Yatra’s full fiscal year 2026 (FY26) demonstrated a more positive trajectory. The travel tech startup’s net profit for the entire fiscal year saw a robust increase of nearly 28%, reaching ₹46.8 Cr compared to ₹36.6 Cr in FY25. This annual growth in profitability highlights the company’s ability to navigate market dynamics over a longer horizon, showcasing resilience despite quarterly fluctuations.
In line with the improved annual profit, Yatra’s revenue from operations for FY26 also surged by 27.2%, amounting to ₹1,006.5 Cr. This marks a significant increase from ₹791.4 Cr in FY25, indicating strong overall growth in its core business activities throughout the fiscal year. The full-year performance provides a broader context to the Q4 results, suggesting that the quarterly decline might be an anomaly within an otherwise growth-oriented year.
Operational Metrics and Strategic Initiatives
Examining key operational metrics for Q4 FY26, Yatra’s Less Service Cost (RLSC), which serves as the gross margin, saw a modest increase of 3.6% year-on-year, reaching ₹113.3 Cr. Furthermore, the company reported a significant improvement in its , which rose by 45.5% year-on-year to ₹12.6 Cr. The EBITDA margin, as stated by the company, stood at 11.2% during the quarter under review, reflecting improved operational efficiency despite the revenue challenges.
Siddhartha Gupta, Yatra’s CEO, commented on the full-year performance, stating,