India, July 13 -- Yatra has spent the last decade perfecting its integrated travel and expense management platform and now serves more than 1,300 large and mid-sized Indian enterprises. By exporting this pre-built infrastructure to the GCC, Yatra's unit economics change completely. Every new corporate client added through this Middle East expansion delivers highly profitable software recurring revenues with nearly zero engineering costs.

Shares of Yatra Online Limited closed at Rs 114.56, up by 0.35 percent from the previous close of Rs 114.16. The stock opened at Rs 114.15, touching an intraday high of Rs 116.9 and a low of Rs 112.15. The company currently commands a market capitalisation of Rs. 1,790 crore.

Deal Announcement Yatra Onl...