Yatra Online (YTRA) has released an update.
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Yatra Online, Inc., India’s leading corporate travel services provider, reported an increase in Gross Bookings by 12.7% YoY in the fourth quarter of 2024, with a significant upturn in Air Gross Bookings contributing to this growth. Despite a 10.2% YoY decrease in quarterly revenue, the company saw a sequential increase in Adjusted EBITDA and successfully signed India’s largest bank as a corporate customer. Additionally, Yatra Online has launched a new Expense Management Solution that leverages advanced AI technologies for enhanced efficiency and accuracy.
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