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Yatra Slips Into The Red In Q2, Reports ₹78 Lakh Loss

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Yatra Slips Into The Red In Q2, Reports ₹78 Lakh Loss

Online travel aggregator (OTA) Yatra swung to the red and reported a consolidated net loss of ₹78.4 Lakhs in the second quarter (Q2) of the fiscal year 2026-27 (FY27). In contrast, the travel tech platform has reported a net profit of ₹14.3 Cr in Q2 FY26 and ₹33.9 Lakhs in Q1 FY27.

The losses came despite the company raking in ₹1.7 Cr in one-time deferred tax benefits during the quarter.

The bottom line was primarily impacted as the company’s revenue from operations tanked 39.1% to ₹213.6 Cr in the quarter under review from ₹350.9 Cr in Q2 FY26. However, on a sequential basis, Yatra’s top line rose 13.7% from ₹187.9 Cr in the preceding quarter.

The OTA attributed the losses to the “challenging operating environment”, lower MICE (meetings, incentives, conferences and exhibitions) volumes, and the reorientation of the MICE vertical towards smaller corporate group programmes.

“… Our year-on-year profitability was impacted primarily by MICE, which faced an exceptionally strong comparable quarter last year and a tactical shift towards smaller corporate group programmes amid prevailing uncertainty…,” said Yatra CEO Siddhartha Gupta.

Including other income of ₹4.4 Cr, Yatra’s total income stood at ₹218 Cr in Q2 FY27. 

Meanwhile, total expenses for the quarter under review declined 35% to ₹219.9 Cr compared to ₹339 Cr in Q2 FY26. The company also incurred an additional tax expense of ₹59.3 Lakh during the quarter.

5 Cr in Q2 FY27. 48%during the quarter under review.



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