In an open market transaction earlier this week, Bandhan Mutual Fund sold off a portion of its ownership in Yatra Online Limited.
Key Highlights
- Yatra’s Q1 FY26 revenue jumped 108 % to ₹210 cr; net profit soared four-fold to ₹16 cr.
- EBITDA surged ~247 %; shares closed at ₹159.5, valuing market cap near ₹2,522 cr.
On October 6, the fund reduced its ownership from 3.61% to 2.98% by selling 9.93 lakh equity shares from a travel agency. A total of 46.71 lakh shares were held by Bandhan Mutual Fund prior to the sale, down from 56.64 lakh shares.
Approximately Rs 15.88 crore, or 0.63% of Yatra's total paid-up capital or 15.69 crore equity shares, would be the value of the partial stock sale based on the company's share price on the stock exchange.
With operating revenue of ₹210 crore, up from ₹101 crore in Q1 FY25 — a twofold year-over-year increase — Yatra reported a strong financial performance in Q1 FY26. Net profit increased fourfold as a result of this remarkable growth, hitting ₹16 crore in the same time frame.
Also Read: Online Travel Aggregator Yatra Doubles Yearly Revenue for Q4FY25
Yatra's market capitalization was around ₹2,522 crore at the end of today's trading session, when its shares were valued at ₹159.5 a share.
