Welcome to our dedicated page for Yatra Online news (Ticker: YTRA), a resource for investors and traders seeking the latest updates and insights on Yatra Online stock.
Yatra Online Inc. (YTRA) operates a leading digital travel platform serving corporate and leisure travelers across India and international markets. This news hub provides investors and industry observers with timely updates on company developments impacting the evolving travel technology sector.
Access official press releases and curated financial news covering Yatra's operational milestones, including earnings announcements, strategic partnerships, and service expansions. Our collection serves as a centralized resource for tracking management decisions, market positioning, and industry trends affecting this NASDAQ-listed travel innovator.
Key updates include developments in air ticketing systems, hotel distribution networks, and corporate travel solutions - core components of Yatra's integrated service model. Monitor updates on technological enhancements, customer growth metrics, and competitive landscape changes within the online travel sector.
Bookmark this page for streamlined access to Yatra's financial communications and market-moving announcements. Check regularly for objective reporting on operational developments that shape the company's trajectory in global travel markets.
Maguire Investment, a major shareholder of Yatra Online (NASDAQ:YTRA) with 7.4% ownership, issued an open letter highlighting potential for Yatra's share price to reach $6 based on projected $100 million sales in 2022. Concerns were raised regarding poor investor returns, governance issues, and subpar operational performance. The letter outlined a 'Yatra 2022 Plan' aimed at addressing these issues and called for unity among shareholders to push for improvements, including a prompt announcement for the 2021 annual general meeting.
Yatra Online, Inc. (NASDAQ: YTRA) reported its financial results for Q4 2020. The company achieved a 60.6% quarter-over-quarter increase in adjusted revenue to INR 606.6 million (USD 8.3 million), driven by recovery in domestic travel amid declining COVID-19 cases in India. Adjusted revenue from air ticketing rose by 69.2% and from hotels/packages by 140.8%. Adjusted EBITDA loss improved to INR 36.4 million (USD 0.5 million). The company aims for adjusted EBITDA break-even in H1 2021, supported by strong cost control and liquidity management.
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