Yatra Online (YTRA) has released an update.
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Yatra Online, Inc. reported a 149.4% increase in revenue to INR 2,363.3 million for the three months ending September 30, 2024, driven by strong performance in its Hotels and Packages and MICE segments. Despite a decline in adjusted air ticketing margins due to competitive pricing, the company successfully acquired Globe All India Services, adding significant corporate clients and enhancing its market position. The acquisition and strategic focus on expanding the MICE business have positioned Yatra as a major player in India’s corporate travel sector.
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