Subsidiary of Yatra Online Limited Reports Significant Increase in Revenue, Net Profit for FY 2024

Reuters
Aug 01
Subsidiary of <a href="https://laohu8.com/S/YTRA">Yatra Online</a> Limited Reports Significant Increase in Revenue, Net Profit for FY 2024

Globe All India Services Limited, a subsidiary of Yatra Online Inc., has released its actual financial results for the fiscal year ending March 31, 2024. The company reported total revenue from rendering of services at INR 2.52 billion, showing an increase from INR 2.15 billion in the previous year. This reflects a growth in revenue generation for the period under review. Additionally, other income for the company was reported at INR 5.143 million, compared to INR 3.049 million in the prior year, indicating a significant increase in this category as well. These financial results come in the wake of the company's status change, as it became a subsidiary of Yatra Online Limited effective September 11, 2024. The company continues to align its operations under the broader strategic umbrella of its parent organization.

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