Growth in hotel segment lifts Yatra’s Q2 revenue; loss widens w - VC Circle

Nasdaq-listed Yatra Online Inc, which operates online travel site Yatra.com through its India unit, reported higher revenues for the quarter ended 30 September driven by growth in the hotel segment. Revenues rose 33% year over year to Rs 257.5 crore from Rs 193.6 crore in the year-ago period. However, its loss widened to Rs 77.7 crore in the quarter from Rs 41.2 crore a year ago. Revenues excluding service cost increased 46.1% y-o-y to Rs 168.9 crore, the company said in a filing to the U.S. Securities and Exchange Commission. Revenues excluding service cost from hotels and […]
 

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