Yatra Q3 FY26: Revenue rises 9% while net profit drops 17% amid airline disruptions

Yatra Online Limited reported consolidated Q3 FY26 revenue of INR 2,568 million, up 9% year‑on‑year, and EBITDA of INR 239 million—a 64% increase versus Q3 FY25—while net profit declined to INR 83 million, down 17% due to a one‑time impact from the new Labour Code (EOI: INR 38 million).

Q3 FY26 financial snapshot at a glance

Operational highlights and what they mean for transfers

Core operational signals from Q3 show a mixed recovery trajectory across consumer and corporate channels, with several items that can ripple into ground transport, taxi and airport transfer demand.

• Revenue Less Service Cost (RLSC) grew 23% YoY, beating revised guidance—this indicates stronger unit economics per booking and may support stable supplier payments to drivers and local transfer partners.
• Gross bookings rose 21% YoY, led by B2C recovery and corporate resilience—higher bookings often translate to increased airport transfer volumes and more frequent city rides.
• Corporate segment expansion: 40 new clients onboarded with an annual revenue potential of INR 2,234 million—larger corporate accounts typically require reliable private transfers, shuttle coordination, and scheduled meet‑and‑greet services.
• MICE bookings saw deferrals (over INR 300 million moved to later quarters) due to travel uncertainty—this can create lumpy demand for minibuses, coaches and multi‑seater transfers when events are rescheduled.
• Air and hotel margins improved despite compliance headwinds from Flight Duty Time Limitation (FDTL) norms—airline disruptions affect flight timing, which in turn increases the need for flexible transfer windows and driver wait‑time management.

Operational impacts on taxi and transfer services

Flight schedule volatility driven by stricter FDTL rules raises the importance of flexible pickup options, real‑time driver updates, and clear fare policies. For transfer companies and taxi drivers, that may mean more idle time buffers, surge or cancellation clauses, and investments in app‑level tracking so airport pickups remain exact and punctual.

Management perspective

Dhruv Shringi and the expanded leadership team signalled that RLSC and adjusted EBITDA growth position the company well for FY26. With Siddhartha Gupta stepping into the CEO role, the emphasis is on scaling high‑margin segments, improving technology, and strengthening B2B capabilities—moves that align with prioritising corporate travel and reliable transfer fulfilment.

What travellers and operators should keep in mind

For passengers booking taxis or airport transfers, the quarter’s results suggest a steady recovery in service availability but also an ongoing need for flexibility: expect occasional last‑minute rebookings around flight disruptions, and favour services that show exact vehicle details, driver ratings and transparent fares. Platforms and operators that display car make, model, seat configuration and driver license or ratings will reduce uncertainty at pickup.

Practical tips for booking transfers during recovery

• Choose transfers that offer real‑time flight tracking to avoid extra wait charges when flights are delayed.
• Prefer providers that list vehicle details and driver ratings up front—this helps match passengers to exact car types and seat needs.
• For group travel or deferred MICE events, book vehicles with flexible cancellation or rescheduling terms to manage working capital and avoid penalties.

Key highlights: Yatra’s improved margins and booking growth point to healthier unit economics, but airline operational constraints (FDTL) and deferred MICE revenue mean demand for transfers will have an irregular cadence for the near term. Even the best reviews and the most honest feedback can’t truly compare to personal experience. On GetTransfer, you can hire a car with driver from verified providers at reasonable prices. This empowers you to make the most informed decision without unnecessary expenses or disappointments. Emphasize the convenience, affordability, and extensive vehicle choices and wide range of additional options provided by GetTransfer.com, aligning directly with the context and theme of this update. Book now GetTransfer.com

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In summary, Yatra’s Q3 FY26 performance blends stronger top‑line booking growth and margin gains with an isolated net profit decline tied to a regulatory one‑time charge. For travellers and the taxi and transfer ecosystem, the quarter underlines the value of transparent, exact service information—vehicle, driver, fare and timing—so you can book with confidence. Whether you need a private sedan, a multi‑seater for a group, or airport pickup at a precise time, platforms that reveal prices, car model and driver details will help you find the best service for your destination. GetTransfer.com supports this approach by offering global, user‑friendly booking for personalised transfers, trips and deliveries, combining transparency and convenience in one place.