Online travel company, Yatra.com posted profit of Rs 23 crore for the quarter ended December 2017 (Q3FY18). The company had posted losses at Rs 461 crore in the same quarter last year, and losses of Rs 78 crore in the previous (Q2FY18) quarter. Total revenues at the company stood at Rs 336 crore for the quarter increasing 40.8% from Rs 239 crore in the same quarter last year. Sequentially, total revenues increased by 30.4% from Rs 257.5 crore. Revenue Less Service Cost increased to Rs 196 crore, representing an increase of 45.6% year-on-year (YoY). Yatra’s EBITDA loss for the quarter was at Rs 39 crore compared to the EBITDA loss of Rs 19 crore in the same quarter last year. Hotels and Packages Revenue: The Hotels and Packages business increased by 37.3% YoY to Rs 184 crore for the period, from Rs 134 crore in the same period last year. Net Revenue Margin stood at 12.5% during the quarter. Gross Bookings: The total amount paid by hotel/package customers for travel services booked via Yatra stood at Rs 350 crore for the quarter. Gross bookings increased by 29.4% YoY from Rs 270 crore. Standalone room nights: The number of nights spent by the company’s customers (Room Nights) on its hotel listings was at 504,000 in Q3FY18, up by 37.8% YoY. Air Ticketing Revenue: The air/flight ticket booking business generated revenues of Rs 137 crore, up 46% YoY from Rs 94 crore revenue in the same quarter last year. Net Revenue Margin was…
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