Online travel agency Yatra.com posted a loss of Rs 16 crore for the quarter ended September 2018 (Q2FY19). The company’s losses have narrowed from Rs 77.7 crore in the same quarter last year (Q2FY18) and Rs 31.2 crore in the previous quarter (Q1FY19). Total revenues stood at Rs 205 crore for the quarter, down 20.2% from Rs 257 crore in the same quarter last year. Adjusted Revenue increased to Rs 209 crore, up 23.7% year-on-year. Yatra’s adjusted EBITDA loss for the quarter was at Rs 23.3 crore, reflecting an improvement of 19% from EBITDA loss of Rs 28.8 crore in the corresponding quarter last year. Hotels and Packages Revenue: The Hotels and Packages business reduced to Rs 99.5 crore, down from Rs 120 crore in the same period last year. Net Revenue Margin stood at 13.7% during the quarter as compared to 11.6% a year ago. Gross Bookings: The total amount paid by hotel/package customers for travel services booked via Yatra stood at Rs 313 crore for the quarter, up 13.5% from Rs 275.5 crore in the same quarter last year. Standalone room nights: The number of nights spent by the company’s customers (Room Nights) on its hotel listings was at 577,000 in Q1FY19, up by 30% from 443,000 in the corresponding period last year. Air Ticketing Revenue: The air flight ticket booking business generated revenues of Rs 80.4 crore, down 33% YoY from Rs 120 crore revenue in the same quarter last year. Net Revenue Margin was at 5.7%…
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