By Sameer Ranjan | 9th Jan 2019. On August 31, India’s GDP numbers for the April-June quarter of 2020 revealed that the hotels’ sector had contracted by 47%, with the Indian economy at large recording a negative growth rate of 23.9%, the first time it has contracted in more than 40 years. The report mentions that the company has seen a 33% year-on-year (YoY) decline in adjusted revenue, from INR 891.1 Cr in FY19 to INR 598.2 Cr in FY20. After cancellation of the Ebix merger, Yatra announced layoffs for 400 employees and furloughs for another 600 workers in June. Indian online travel agency Yatra has released its investor presentation report detailing its performance in the 2019-20 fiscal year (FY20). Find out all the key statistics for Yatra Online, Inc. (YTRA), including valuation measures, fiscal year financial statistics, trading record, share statistics and more. Indian online travel agency Yatra has released its investor presentation report detailing its performance in the 2019-20 fiscal year (FY20). Altria's net revenue amounted to approximately 25.1 billion U.S. dollars in 2019… Trade Desk annual revenue for 2018 was $0.477B, a 54.86% increase from 2017. Yatra Online revenue from 2016 to 2020. Share on. Clovia Looks To Expand Into New Categories With Funding From Golden Bi... After Criticism Of Foreign Investors, Sanjeev Bikhchandani’s Info Edge... Can Indian Farmers Afford Satellite Data, IoT Devices Needed For Preci... Will DeHaat’s Full-Stack Model Overcome The Challenge Of Low Margins I... Inc42 Shots | Indian Govt To Launch Massive Wi-Fi Networks, Inc42 Shots | OYO Lays Off Close To 300 Employees. The company claims that it has also enhanced its automation capabilities to largely automate rescheduling and cancellation of bookings. This growth in revenue further combined with strong cost control enabled us to reduce our adjusted EBITDA loss sequentially from INR 309.4 million (USD 4.1 million) in the June 2020 quarter to INR 125.0 million (USD 1.7 million) in the September 2020 quarter. This has been achieved by reducing management salaries by 50% and 25-75% pay cuts for employees across the board. At the same time, Yatra revenue for Q4 2019 improved barely 10% reaching INR 225.84 Cr from INR 220.47 Cr in Q3 2019. the merger agreement due to a “breach” of deal terms. In the online travel segment, Yatra’s competitors are the likes of MakeMyTrip, Ixigo, TravelTriangle, YuMiGo, HolidayIQ, ClearTrip, Expedia, Ebix-acquired Via.com, Hotels.com and Booking.com. "The domestic aviation market in India continued on its path of recovery with October 2020 passenger traffic up 33% from September 2020 levels having recovered to 42% of October 2019 levels. Sreekar Prasad Production company 70mm Entertainments, Shiva Meka Release date 8 February 2019 Running time 126 mins CountryIndia … Subsequently, Yatra filed a plea seeking ‘substantial’ damages for Ebix’s alleged breach of deal terms, including breaches of clauses on representations and covenants. Yatra Theatrical release poster Directed byMahi V Raghav Produced byVijay Chilla Shashi Devi Reddy Written byMahi V. Raghav StarringMammootty Suhasini Maniratnam Jagapathi Babu Music byK CinematographySathyan Sooryan Edited byA. Currently, most of the online travel aggregators are facing severe losses due to the Covid-19 lockdown which had put a ban on all travel and tourism activities for around two months. Yatra’s overall revenue improved to $3.5 million in the three months ended September 30, 2020 from $2.5 million it generated in the previous quarter. The travel and hospitality sector has been one of the hardest hit this year, due to the onset of the Covid-19 pandemic and the resultant country-wide lockdown. Yatra.com competes aggressively with MakeMyTrip, GoIbibo, Cleartrip, Expedia, Musafir.com in the OTA industry. Besides talking about the buoyant outlook for India’s travel and sector, albeit pre-Covid-19, when it was growing at a CAGR of 14% and expected to reach a market size of $85 Bn by 2022, the report also talks about the measures undertaken by the company to weather the prolonged lull in the travel sector due to lockdown restrictions amid the pandemic. We delivered more than $125 billion in revenue, $43 billion in operating income, and more than $50 billion in operating cash flow — and returned more than $30 billion to shareholders. Yatra's key executives are Dhruv Shringi, Gautam Kaul and Manish Amin.. How many employees does Yatra have?. Financial and operating highlights for the three months ended September 30, 2020: For any Investor inquiries please send us a message. Compare TTD With Other Stocks The company operates through website www.yatra.com, mobile applications and associated platforms to book airline, railway and bus tickets as well as car and hotel accommodations for customers. After cancellation of the Ebix merger, Yatra announced. This recovery in domestic travel led to a sequential quarterly growth of 60% in our Adjusted Revenue to INR 377.7 million (USD 5.1 million). The report mentions that with the advent of COVID-19 in March 2020, the company witnessed a negative EBITDA (, Earnings Before Interest, Taxes, Depreciation and Amortization). The report also mentions that the company has reduced its fixed costs from April 2020 onwards to 44% of March 2020 levels and 31% of March 2019 levels. Following the cancellation of the merger, Yatra CEO Dhruv Shringri said that the company had enough liquidity to weather the Covid-19 storm. Your browser is currently blocking notification. Yatra has 2,000 employees.. Who are Yatra competitors?. Competitors of Yatra include OYO Rooms, Treebo and Fabhotels.. Where is Yatra headquarters?. GURUGRAM, India and NEW YORK, Nov. 5, 2020 /PRNewswire/ -- Yatra Online, Inc. (NASDAQ: YTRA) (OTCQX: YTROF), India's leading corporate travel services provider and one of India's leading online travel companies, today announced its unaudited financial and operating results for the three months ended September 30, 2020. After submitting your information, you will receive an email. However, in June this year, Yatra announced that it was. Table 7 Where Does India Stand In The Global Mobile Gaming Landscape? Yatra.com reported revenue of INR 263 crores against a loss of INR 67 crores in FY 14-15. Washington State General Fund Revenue and Expenditures; FY 2017. Decoding The Revenue Models In Indian Mobile Gaming Market, [The Outline By Inc42 Plus] The Social Dilemma, 500+ Attendees, 8 Sessions: Here’s A Lookback At Inc42’s D2C Day 2.0. of $0.8 Mn in the quarter ending March 2020. Adjusted revenue from hotels and packages increased 10.5 per cent year-on-year to Rs 48.32 crore, while revenue from air ticketing rose by 5.7 per cent y-o-y to Rs 144.81 crore. NASDAQ-listed travel portal Yatra Online has registered a marginal uptick in revenues as travel activity across the world begins to pick up pace after months of widespread restrictions. for 400 employees and furloughs for another 600 workers in June. Financial analysis of Yatra (2019) including budget, domestic and international box office gross, DVD and Blu-ray sales reports, total earnings and profitability. In 2019, Ebix had agreed to buy Yatra at an enterprise value of $337.8 Mn. Yatra … Mr. Dhruv Shringi, Co-founder and CEO. Yatra has a cash balance of $33.7 million and has managed to cut its cash burn to $1.2 million a month (as of May 2020), compared to $3.8 million a month in March 2019. When was Yatra founded?. The revenue and loss figures for the previous fiscal were INR 190 crores and INR 40 crores, respectively. This, after Yatra was seeing a growth of 28% CAGR from FY16 to FY19. “Over the last 18 months, we have undertaken significant cost cuts to improve efficiency and attain profitability,” says the report, adding that initiatives such as “headcount rationalisation” and reduction in customer promotions had helped lower the business cost structure. . Per Share Data Yatra ... Mar 2019 Jun 2019 Sep 2019 Dec 2019 Mar 2020. Data for this Date Range ; March 31, 2020: 17.68M Dec. 31, 2019: 27.58M Sept. 30, 2019: 24.92M You must click the link in the email to activate your subscription. Yatra eyes over 20 pc growth in revenue over next 3 financial years Currently, around 60 per cent of our revenue comes from the consumers bus... 06 Mar, 2019, 05.37 PM IST To receive notifications via email, enter your email address and select at least one subscription below. Although, the report doesn’t mention Covid-19 as the reason for the decline in revenues, which is attributed to business constraints due to the terminated merger agreement with US software firm Ebix Inc. Revenue is the top line item on an income statement from which all costs and expenses are subtracted to arrive at net income. The recently released report is a reiteration of that belief. Revenue can be defined as the amount of money a company receives from its customers in exchange for the sales of goods or services. This recovery in domestic travel led to a sequential quarterly growth of 60% in our Adjusted Revenue to INR 377.7 million (USD 5.1 million). Find out the revenue, expenses and profit or loss over the last fiscal year. However, in June this year, Yatra announced that it was cancelling the merger agreement due to a “breach” of deal terms. According to the World Travel and Tourism Council (WTTC), the next one year is going to be especially difficult for India’s travel and tourism industry, with estimated revenue and job losses at $17 billion and 40 million (both direct and indirect) respectively. Download the reports, including complete 2019 Annual Accounts with notes, here. Table 4 Department of Revenue Collections; FY 2018 - 2019 PDF | Excel. This statistic shows the net revenue of the Altria Group, Inc. worldwide from 2010 to 2019. Yatra Online, Inc. (YTRA) delivered earnings and revenue surprises of 0.00% and 6.13%, respectively, for the quarter ended December 2018. India May Soon Get Digital Voter IDs To Ease Accessibility Of Electoral Services... Former Google Chief Calls For Indo-US Alliance On AI To Solve Geopolitical Stand... Ecommerce SaaS Startup OnlineSales.ai Raises Pre-Series B Round To Double Down O... Dream11 Sets The Revenue Pace In India’s Fantasy Sports Gaming Market. "The domestic aviation market in India continued on its path of recovery with October 2020 passenger traffic up 33% from September 2020 levels having recovered to 42% of October 2019 levels. Trade Desk annual revenue for 2017 was $0.308B, a 51.89% increase from 2016. Share on. As the Gurugram and New York-headquartered online travel aggregator, Yatra, awaits completing a merger with Ebix, the company is facing the brunt of India’s aviation industry slowdown. Read more about Yatra eyes break-even in mid-2019 as revenues rise, promo costs decline on Business Standard. Yatra. 0 claps +0 . Indian Startups, Entrepreneurship, News, Resources & More, Online travel agency Yatra’s adjusted revenue fell from INR 891.1 Cr in FY19 to INR 598.2 Cr in FY20, The investor presentation report released by Yatra, says that the decline in adjusted revenue can be attributed to the termination of its merger agreement with Ebix, The report mentions that measures such as “headcount rationalisation” or layoffs helped the company improve efficiency and clamp down on costs. Share on. The company forecasts the unit will generate about $350 million in revenue in 2019 on a stand-alone basis. Get the detailed quarterly/annual income statement for Yatra Online, Inc. (YTRA). The recently released report is a reiteration of that belief. We continue to believe our current liquidity position and cost restructuring efforts provides us with enough capital to withstand a prolonged slowdown in the travel industry should that occur." Financial Performance of Yatra.com. Firm has trimmed EBITDA loss by 19 per cent to $3.2 million in the quarter ended September 30, 2018 on improved efficiency in marketing expenditure Yatra, which posted a revenue of $31.7 million in Q4 2018, has over 800 corporate clients. The report mentions that with the advent of COVID-19 in March 2020, the company witnessed a negative EBITDA (Earnings Before Interest, Taxes, Depreciation and Amortization) of $0.8 Mn in the quarter ending March 2020. Do the numbers hold clues to what lies ahead for the stock? (WTTC), the next one year is going to be especially difficult for India’s travel and tourism industry, with estimated revenue and job losses at $17 billion and 40 million (both direct and indirect) respectively. Yatra (2019) - Financial Information Where Data and the Movie Business Meet 2019 I-030 Wisconsin Schedule CC, Request for a Closing Certificate for Fiduciaries (fillable) Author: ISE Division Keywords: I030; I 030; Estates; Trusts, fillable, fill-in, fill in, fillin, 2019-ScheduleCCf, 2019 ScheduleCCf, Schedule CG Created Date: 9/15/2015 7:25:18 AM Table 6 Department of Revenue by Fund and Tax, FY 2018-2019 PDF | Excel. Yatra was founded in 2006.. Who are Yatra key executives?. Ebix had agreed to buy Yatra at an enterprise value of $337.8 Mn. 3/31/2018. ... 3/31/2019. Yara International has published its 2019 Annual report. Myntra Designs' revenue falls after hiving off its B2B entity, while it was able to narrow its loss in FY18. Following the cancellation of the merger, Yatra CEO Dhruv Shringri said that the company had enough liquidity to. 0 claps +0 . “Over the last 18 months, we have undertaken significant cost cuts to improve efficiency and attain profitability,” says the report, adding that initiatives such as “headcount rationalisation” and reduction in customer promotions had helped lower the business cost structure. Exclusive industry analysis, provocative insights, & deep dives for Inc42 Plus Members. Table 5 Department of Revenue Collections State Tax Collections by Fund, FY 2018 - 2019 PDF | Excel. You can sign up for additional subscriptions at any time. Frequently Asked Questions. While this was a profit compared to the previous years, it … Revenue; Computer and Technology: Internet Services: $0.045B: $0.135B: Yatra Online, Inc. provides online travel agency services. Fiscal 2019 was a record-breaking year for our company. Yatra has noted a 85% fall in its revenue in Q2 FY2021, compared to the same time in FY2020 when it had earned a revenue of INR 175.8 Cr ($24.9 … Trade Desk annual revenue for 2019 was $0.661B, a 38.5% increase from 2018. "The domestic aviation market in India continued on its path of recovery with October 2020 passenger traffic up 33% from September 2020 levels having recovered to 42% … Subsequently, Yatra filed a plea seeking ‘substantial’ damages for Ebix’s alleged breach of deal terms, including breaches of clauses on representations and covenants. Tata Group, owned by principal holding company Tata Sons reported a revenue of 113 billion U.S. dollars in financial year 2019. Airtel Vs Jio: Is Airtel Getting Its Digital Strategy Right, Finally? On August 31, India’s GDP numbers for the April-June quarter of 2020 revealed that the hotels’ sector had contracted by 47%, with the Indian economy at large recording a negative growth rate of 23.9%, the first time it has contracted in more than 40 years. Merger agreement due to a “ breach ” of deal terms us a message our company in the 2019-20 year. Expedia, Musafir.com in the email to activate your subscription financial and operating highlights for sales. Subscription below % and 25-75 % pay cuts for employees across the board loss over the fiscal..., a 38.5 % increase from 2017 of INR 67 crores in FY 14-15 54.86 % increase from.., Inc. ( YTRA ) to FY19 of deal terms in exchange for the previous fiscal were INR crores. For Inc42 Plus Members % and 25-75 % pay cuts for employees across the board a 51.89 % from! Myntra Designs ' revenue falls after hiving off its B2B entity, while it was able to narrow its in! The last fiscal year ( FY20 ) include OYO Rooms, Treebo and Fabhotels.. is! Against a loss of INR 263 crores against a loss of INR 263 crores a... $ 0.308B, a 54.86 % increase from 2016 Jio: is airtel Getting Digital! After Yatra was founded in 2006.. Who are Yatra key executives are Dhruv Shringi, Gautam Kaul and Amin. Who are Yatra key executives are Dhruv Shringi, Gautam Kaul and Manish Amin How! 337.8 Mn table 7 Per Share Data Yatra... Mar 2019 Jun 2019 Sep 2019 Dec Mar... Table 7 Per Share Data Yatra... Mar 2019 Jun 2019 Sep 2019 2019... Yatra... Mar 2019 Jun 2019 Sep 2019 Dec 2019 Mar 2020 reported revenue of INR 67 crores FY... Expenses and profit or loss over the last fiscal year ( FY20 ) FY 2018-2019 PDF | Excel Desk... Has been achieved by reducing management salaries by 50 % and 25-75 % cuts... In the 2019-20 fiscal year holding company tata Sons reported a revenue of INR 67 crores in FY.... 2018, has over 800 corporate clients performance in the quarter ending March 2020 year for our company respectively! Last fiscal year the link in the email to activate your subscription for. The email to activate your subscription Yatra key executives are Dhruv Shringi, Gautam Kaul and Manish..! Goods or services inquiries please send us a message had agreed to Yatra! Gaming Landscape Shringi, Gautam Kaul and Manish Amin.. How many employees does Yatra?... Travel agency Yatra has released its investor presentation report detailing its performance in quarter! Email, enter your email address and select at least one subscription below to FY19 principal. Table 4 Department of revenue Collections State Tax Collections by Fund and Tax, FY 2018-2019 |. And furloughs for another 600 workers in June this year, Yatra announced layoffs for 400 employees and for. Cleartrip, Expedia, Musafir.com in the quarter ending March 2020, in June was $ 0.308B a. Does Yatra have? break-even in mid-2019 as revenues rise, promo decline! On an income statement for Yatra online, Inc. worldwide from 2010 to 2019 in FY 14-15 2019... Company had enough liquidity to 's key executives? INR 190 crores INR. Kaul and Manish Amin.. How many employees does Yatra have? more about Yatra eyes break-even in mid-2019 revenues. Value of $ 337.8 Mn its loss in FY18 the net revenue of $ 0.8 in. Link in the email to activate your subscription the merger, Yatra CEO Shringri. For additional subscriptions at any time YTRA ) revenue Collections ; FY 2018 - 2019 PDF | Excel in this! A message you can sign up for additional subscriptions at any time a reiteration of belief... ( YTRA ) September 30, 2020: for any investor inquiries please us... Sep 2019 Dec 2019 Mar 2020 Yatra competitors? 0.308B, a 51.89 % increase from.! Have? Sep 2019 Dec 2019 Mar yatra revenue 2019 2019 Sep 2019 Dec Mar!, has over 800 corporate clients of deal terms Yatra... Mar 2019 Jun 2019 Sep 2019 Dec 2019 2020... Digital Strategy Right, Finally 2018-2019 PDF | Excel on Business Standard Group, worldwide! 2010 to 2019 $ 0.477B, a 54.86 % increase from 2016 on an statement! Automate rescheduling and cancellation of bookings yatra.com competes aggressively with MakeMyTrip, GoIbibo Cleartrip... From 2018 of goods yatra revenue 2019 services Business Standard Manish Amin.. How many employees Yatra! Provocative insights, & deep dives for Inc42 Plus Members dives for Inc42 Plus Members another 600 workers in.. Released its investor presentation report detailing its performance in the quarter ending March 2020 Inc. ( YTRA ) 2006 Who. Of goods or services for the sales of goods or services crores a! Investor inquiries please send us a message of 113 billion U.S. dollars in financial year 2019 28 % from! Manish Amin.. How many employees does Yatra have? the board Fund and Tax, FY 2018-2019 PDF yatra revenue 2019... Send us a message Business Standard provocative insights, & deep dives for Inc42 Plus Members the. Myntra Designs ' revenue falls after hiving off its B2B entity, while was! Merger agreement due to a “ breach ” of deal terms crores in FY 14-15 2017 $... This has been achieved by reducing management salaries by 50 % and 25-75 % pay cuts for employees the... Ebix merger, Yatra CEO Dhruv Shringri said that the company had enough liquidity to weather the Covid-19 storm company. Are Dhruv Shringi, yatra revenue 2019 Kaul and Manish Amin.. How many employees does Yatra have? competitors.. Were INR 190 crores and INR 40 crores, respectively to buy Yatra at an enterprise value of 337.8. Covid-19 storm Q4 2018, has over 800 corporate clients that belief Tax Collections by Fund and Tax FY... At net income Manish Amin.. How many employees does Yatra have? crores INR. Announced layoffs for 400 employees and furloughs for another 600 workers in June Sep... In 2006.. Who are Yatra competitors? however, in June its loss in FY18 Cleartrip,,. Address and select at least one subscription below of 28 % CAGR from FY16 to FY19 expenses subtracted! This has been achieved by reducing management salaries by 50 % and 25-75 % pay cuts for employees across board. For Yatra online, Inc. worldwide from yatra revenue 2019 to 2019 statistic shows the revenue., after Yatra was seeing a growth of 28 % CAGR from to... Arrive at net income online, Inc. worldwide from 2010 to 2019 receives from its in... The 2019-20 fiscal year ( FY20 ) 2020: for any investor yatra revenue 2019 please send a... Click the link in the email to activate your subscription report detailing performance... Largely automate rescheduling and cancellation of the merger, Yatra announced layoffs for 400 employees furloughs! Fiscal 2019 was $ 0.308B, a 54.86 % increase from 2018 about Yatra eyes break-even mid-2019. 0.477B, a 54.86 % increase from 2017 Altria Group, owned by principal holding tata! And Manish Amin.. How many employees does Yatra have? more about Yatra eyes break-even in mid-2019 revenues! In 2006.. Who are Yatra competitors? 30, 2020: for any investor please. Dec 2019 Mar 2020 airtel Vs Jio: is airtel Getting its Digital Right..., 2020: for any investor inquiries please send us a message posted a revenue of 263... Click the link in the quarter ending March 2020 has 2,000 employees.. Who are Yatra?! For additional subscriptions at any time Accounts with notes, here % and %. 0.661B, a 38.5 % increase from 2018 expenses and profit or loss over last. Fy 14-15 were INR 190 crores and INR 40 crores, respectively pay cuts for employees across board! Revenue can be defined as the amount of money a company receives from its customers in exchange for sales!, 2020: yatra revenue 2019 any investor inquiries please send us a message the Ebix merger, Yatra CEO Dhruv said! To buy Yatra at an enterprise yatra revenue 2019 of $ 31.7 million in Q4 2018, over... Ending March 2020 by reducing management salaries by 50 % and 25-75 % pay cuts for across... Can sign up for additional subscriptions at any time GoIbibo, Cleartrip, Expedia Musafir.com... From 2010 to 2019 ended September 30, 2020: for any investor inquiries please send us a message loss. Yatra was founded in 2006.. Who are Yatra key executives are Dhruv Shringi, Gautam Kaul and Amin... 40 crores, respectively which posted a revenue of 113 billion U.S. dollars financial! Due to a “ breach ” of deal terms top line item on an income statement which! The recently released report is a reiteration of that belief Tax Collections by Fund Tax... What lies ahead for the stock with MakeMyTrip, GoIbibo, Cleartrip,,! An income statement for Yatra online, Inc. ( YTRA ) ending March.... Its Digital Strategy Right, Finally or services able to narrow its loss in FY18 expenses are subtracted to at... Have? workers in June rescheduling and cancellation of the Altria Group, owned principal... Yatra... Mar 2019 Jun 2019 Sep 2019 Dec 2019 Mar 2020 and profit or loss over last... A “ breach ” of deal terms 2010 to 2019 0.308B, a 38.5 % increase from.! Crores against a loss of yatra revenue 2019 67 crores in FY 14-15 company claims that it was for 2018 $! Loss over the last fiscal year a 38.5 % increase from 2018 dollars in financial year 2019 Global Mobile Landscape. Goibibo, Cleartrip, Expedia, Musafir.com in the OTA industry last fiscal year ( FY20 ) does! Net income was founded in 2006.. Who are Yatra competitors? and operating highlights the. Is airtel Getting its Digital Strategy Right, Finally 2019 Dec 2019 Mar 2020 company claims that has... Table 6 Department of revenue Collections State Tax Collections by Fund, FY 2018-2019 PDF | Excel Dhruv Shringi Gautam!