Online travel aggregator Yatra’s shares soared almost 9% to INR 190.35 apiece on the BSE during the intraday trading today.
The stock pared some of the gains later and was trading 2.72% higher at INR 179.40 at 11:45 IST. The company’s market capitalisation stood at INR 2,815 Cr (about $311 Mn).
Yatra reported strong performance in the second quarter of financial year 2025-26, with its consolidated net profit surging 101% to INR 14.3 Cr from INR 7.3 Cr in the year-ago quarter. Operating revenue zoomed 48% YoY to INR 350.9 Cr.
The company’s shares surged following the Q2 results last month, gaining over 30% in three sessions. However, the stock came under pressure following it due to profit booking. It declined nearly 10% between November 13 and yesterday.
On December 2 (Tuesday), Yatra informed the exchanges that the NCLAT has directed the resolution professional to withdraw the corporate insolvency resolution process (CIRP) initiated against its subsidiary TSI Yatra.
On October 16, Yatra informed that Ezeego Travels & Tours Ltd, which was under liquidation at the time, had filed a petition with the National Company Law Tribunal (NCLT) for initiating corporate insolvency resolution against TSI Yatra. The NCLT had admitted Ezeego’s appeal.
Following this, Yatra moved the NCLAT, which stayed the operation of the NCLT’s admission order on the condition that the online travel aggregator deposited INR 4.03 Cr. Yatra deposited the amount. Subsequently, it reached a full and final settlement with Ezeego under which the former would pay the latter INR 5 Cr as settlement amount and INR 6.25 Lakh for CIRP cost.
Considering the settlement agreement, the NCLAT ordered the refund of INR 4.03 Cr deposit and asked the resolution professional to file for withdrawal of CIRP. The Tribunal said that any further steps in the CIRP process can only be taken after the NCLT takes a call on the withdrawal application
Meanwhile, Yatra also informed the bourses on December 1 (Monday) that it paid a fine of INR 5.13 Lakh each to the BSE and the NSE for non-compliance with certain directions pertaining to the composition of its board of directors.
The company said that Roshan Chanaka Nirmal Mendis was appointed as the director on its board, effective September 26, 2025. Following the appointment, the composition of the board of directors is in compliance with the applicable regulations.
Founded by Dhruv Shringi, Sabina Chopra and Manish Amin, Yatra allows users to book air tickets and hotels online. It claims to be the largest corporate travel services provider catering to 1,300 large corporate and 59,000 small and medium size enterprises.
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