Yatra eyes over 20 pc growth in revenue over next 3 financial years

Online travel firm Yatra.com Wednesday said it is looking at over 20 per cent growth in revenue over the next three financial years as it strengthens presence across various verticals.

"We continue to look at an over 20 per cent growth. This year also, our guidance is for over 20 per cent growth and in the medium term, we should be able to maintain this type of growth rate," Yatra.com co-founder and Chief Executive Officer Dhruv Shringi told PTI.

This expected growth is for the medium term that is for three fiscal years, he added.

Shringi was speaking on the sidelines of the 'Tourism and Travel Tech Conference' organised by the Internet and Mobile Association of India (IAMAI) and Incredible India.

The company had posted a revenue of around Rs 731 crore in 2017-18.

When asked about the revenue mix for the company, he said: "Currently, around 60 per cent of our revenue comes from the consumers business and 40 per cent from the corporate business and B2B (business-to-business)."
Highlighting that the company sees corporate travel business as a key growing area, Shringi said: "In 2013-14, we started building the online platform for business travellers. Seeing the type of reception we have had for the product in India, we want to take the product to other markets. We see this as a large growth opportunity for us."