Yatra Online, Inc. Reports Earnings Results for the First Quarter Ended June 30, 2021
August 19, 2021 at 05:41 pm IST
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Yatra Online, Inc. announced earnings results for the first quarter ended June 30, 2021. For the first quarter, the company announced total revenue was INR 306.928 million compared to INR 192.009 million a year ago. Operating loss was INR 86.817 million compared to INR 469.201 million a year ago. Net loss was INR 79.709 million compared to INR 75.805 million a year ago.
Yatra Online, Inc. is an online travel company. The Company provides travel services to corporate and consumers. It allows leisure and business travelers to explore, research, compare prices and book a range of services catering to their travel needs through its Website and mobile applications, and other associated platforms. It operates through three segments: Air Ticketing, Hotels and Packages, and Other Services. Its services include domestic and international air ticketing on Indian and international airlines, as well as bus ticketing, rail ticketing, cab bookings and ancillary services within India. The Company also provides access through its platform to hotels, homestays, and other accommodations. Its applications include Yatra, Yatra Web Check-In, Yatra Corporate, and Travelguru HomeStay. Its other services consist of rail tickets, bus tickets, taxi rentals and ancillary value-added services, such as travel insurance, visa processing and tickets for activities and attractions.