YATRA ONLINE LIMITED

Yatra Online Limited held its Q1 FY27 earnings conference call on August 13, 2026, where management discussed the company's performance and strategic initiatives. Executive Chairperson Dhruv Shringi highlighted the company's 20-year milestone and emphasized the trust built with over 1,000 corporate customers. He noted a 17% year-over-year increase in gross bookings to INR21,007 million, despite challenges in international travel due to geopolitical issues. The company reported a strong corporate customer acquisition, adding 53 new clients with an annual billable potential of INR2,223 million. CEO Siddhartha Gupta mentioned ongoing investments in technology and capabilities, particularly in AI, to enhance operational efficiency and customer experience. CFO Anuj Sethi reported a 10% decline in revenue from operations to INR1,879 million, attributing it to lower MICE revenues. The management expressed confidence in the long-term growth potential of the Indian travel market, despite current challenges.

The management highlighted both growth achievements and challenges faced in the current environment.