Yatra.com Clocks Sales Of $5 Million A Month, To Break Even By End-2008
Ok, here are some details on travel portal Yatra.com revenues. The company claims monthly revenues of $5 million, and a volume of 2,500 tickets and 150 rooms a day. The company expects to break even by end of 2008, according to a company official.
In contrast, market leader MakeMyTrip.com is doing revenues of about $10 million a month. But Yatra is the latest entrant into the market by launching its services only mid-last year. So the numbers look good, from that perspective.
“We have posted an average revenue of $5 million a month with a volume of 2,500 tickets and 150 rooms a day. The company expects to break even by the end of 2008,” Nikhil Rungta, head of marketing, Yatra Online Pvt Ltd, told Financial Express.
Meanwhile, Yatra has announced a tie-up with Reliance Web World outlets for booking hotel rooms. Reliance Capital is an investor in the company, so that would have helped in clinching the deal with Reliance Web World, which will earn a commission from the bookings made out of the outlets. The pilot has been launched in 48 centres in three cities, initially— Kolkata, Mumbai and Bangalore. The outlets will have a travel desk to handle this part of the business.
lol, 2,500 tickets and 150 rooms a day is over exaggerated !.,
With $ 5 million a month and min of 2% margin the company must be earning at least $1.2 million a year i.e. Rs 5.2 Crores (assuming no growth from here onwards). Do they really have so much of opex, that it will take them 2 years to break even, given that they are an online company with no physical presence. Numbers look exaggerated. Any thoughts ?
Yes the numbers look really exaggerated..
Im sure they dont have offline presence..
when are these guys gonna learn from jobsites?? ( minus the one that claims that they get 20K CVs per day…lol [:p] )
Doing press release with unbeleivable numbers is gonna question the credibility of the organisation. Tommorow , even if they do USD 5 Million, nobody is gonna beleive that and gonna continue assuming that its actually 1/100th of what they claim…
ixigo, everything is fine in your site, but whatz the reason behind that domain, an i on the right corner of the keyboard with the x on the bottom left end of the keyboard makes the domain user unfriendly .
Whatz also the reason for you to name the files as ".ixi"
Also you say:
"Finally – try it once, and tell us if any other portal can match our prices, speed or usability, for flights."
but i believe the content on this site is also taken from YATRA, makemytrip etc?,
How long will these content last? and how can you say you have best price when you take content from other sites, isnt it contradicting?
I still think, chances of people typing c or z is more than :)
to the person pimping ixigo here: aside of the fact that you're a meta search – we don't look kindly upon you spamming our comments section. You're impeding discussions – a would rather that you stop doing that.
Sure Nikhil – wont happen again – but what happened to freedom of speech ?
Or, like the real spammers, do we need to mask ourselves behind someone's name and make the comment appear a more qualified neutral opinion ?
I guess you should turn moderation on dude.
No we won't have comment moderation, but we've now taken call on site pimping, whether masked or not. your discussion with prasath notwithstanding, such a practice takes away from discussions on blogs. spam is spam, and this is not the only post on CS site were you've done this.