10th Indian Delegation to Dubai, Gitex & Expand North Star – World’s Largest Startup Investor Connect
Tech

Yatra Shares Hit All-Time Low Despite 845% Rise In Q3 Profit


SUMMARY

In morning trade, Yatra shares rallied over 6% to INR 93.25 apiece on the BSE

The stock witnessed volatility following the company’s December quarter earnings announcement

Yatra’s revenue from operations also zoomed 113% to INR 235.25 Cr in Q3 FY25 from INR 110.34 Cr in the year-ago quarter

Shares of Yatra fell over 3% during intraday trading session today (February 11) to hit an all-time low at INR 90.10 apiece on the BSE despite the online travel aggregator reporting an 845% year-on-year jump in its consolidated profit after tax (PAT) to INR 10 Cr in Q3 FY25.

The stock witnessed volatility following the company’s December quarter earnings announcement. In morning trade, Yatra shares rallied over 6% to INR 93.25 apiece on the BSE.

At 1:46 PM, the stock was quoting INR 91, down 2.41% from the previous close. The company’s market capitalisation stood at INR 1,427.94 Cr (about $164K). 

On a quarter-on-quarter basis, Yatra reported a 37% rise in its consolidated PAT from INR 7.34 Cr.

Yatra’s revenue from operations also zoomed 113% to INR 235.25 Cr in Q3 FY25 from INR 110.34 Cr in the year-ago quarter. However, operating revenue fell marginally by 0.4% from INR 236.40 Cr on a QoQ basis. 

(The story will be updated soon)





Source link

by Siliconluxembourg

Would-be entrepreneurs have an extra helping hand from Luxembourg’s Chamber of Commerce, which has published a new practical guide. ‘Developing your business: actions to take and mistakes to avoid’, was written to respond to  the needs and answer the common questions of entrepreneurs.  “Testimonials, practical tools, expert insights and presentations from key players in our ecosystem have been brought together to create a comprehensive toolkit that you can consult at any stage of your journey,” the introduction… Source link

by WIRED

B&H Photo is one of our favorite places to shop for camera gear. If you’re ever in New York, head to the store to check out the giant overhead conveyor belt system that brings your purchase from the upper floors to the registers downstairs (yes, seriously, here’s a video). Fortunately B&H Photo’s website is here for the rest of us with some good deals on photo gear we love. Save on the Latest Gear at B&H Photo B&H Photo has plenty of great deals, including Nikon’s brand-new Z6III full-frame… Source link

by Gizmodo

Long before Edgar Wright’s The Running Man hits theaters this week, the director of Shaun of the Dead and Hot Fuzz had been thinking about making it. He read the original 1982 novel by Stephen King (under his pseudonym Richard Bachman) as a boy and excitedly went to theaters in 1987 to see the film version, starring Arnold Schwarzenegger. Wright enjoyed the adaptation but was a little let down by just how different it was from the novel. Years later, after he’d become a successful… Source link