Shares of Yatra Online rose 2.20% to ₹113.57 on Friday following a media report suggesting that online travel platform Ixigo may acquire a 15-20% stake in the company from its promoters. According to reports from Business Standard, Ixigo is exploring the purchase of a 15-20% promoter stake in Yatra Online, although neither company has made an official announcement regarding the proposed transaction. The stock was trading 1.99% higher at ₹113.34 on the National Stock Exchange at 12:15 PM, after initially rising as much as 6% during the session before paring some gains. However, the stock exchanges have sought clarification from Yatra Online regarding the acquisition reports, with the company's response awaited.
The latest financial results show mixed performance for Yatra Online. For the March 2026 quarter, the company reported a 46.09% decline in consolidated net profit to ₹8.20 crore compared to ₹15.21 crore in the corresponding period of the previous fiscal year, primarily due to disruptions caused by the West Asia conflict. Revenue from operations declined 13.66% to ₹189.01 crore compared to ₹218.97 crore a year ago. However, for the full fiscal year 2025-26, Yatra's net profit increased by nearly 28% to ₹46.8 crore from ₹36.6 crore in FY25, while revenue from operations rose 27.2% to ₹1,006.5 crore from ₹791.4 crore. The company's EBITDA improved by 45.5% year-on-year to ₹12.6 crore, with an EBITDA margin of 11.2% for the quarter.
According to NSE data, Yatra Online has a market capitalisation of ₹1,781 crore as of June 19, 2026. The stock has demonstrated strong momentum with a 20% gain in the past month and a 30% year-on-year increase, though it has declined 35% over the past six months. The shares touched their one-year high of ₹202 on November 17, 2025, while hitting their 52-week low of ₹81.80 on July 8, 2025. Shares of Ixigo-parent Le Travenues Technology were flat at ₹189.35 following the acquisition report, with the stock trading 1.3% higher at ₹191.40 around 10:42 am.
Following the media report, BSE sought clarification from Yatra Online on June 19, 2026 regarding the news item that claimed Ixigo was in the final stages of acquiring up to a 20% stake in the company from promoters. As of March 31, 2026, promoters held a 62.66% stake in Yatra Online, making the potential transaction significant for the company's ownership structure. The company's response to BSE's clarification request is currently awaited, adding another layer of uncertainty to the acquisition speculation.
As reported by Business Standard, Yatra is India's largest managed corporate travel services provider, catering to more than 1,300 large and mid-sized corporates and around 58,000 SME clients, with an addressable employee base exceeding 9 million. Yatra Online and Ixigo are among the leading players in India's online travel industry, offering services across flight, hotel, rail, bus and holiday bookings. The positive market reaction reflects investor confidence in potential strategic consolidation within the online travel sector, with both companies being key players offering comprehensive travel booking services.
