RailYatri has been acknowledged as one of the finest travel and tourist apps in 2014. RailYatri has won the mBillionth South Asia Award as well as the Best Utility Award in the Vodafone Appstar contest. In addition, RailYatri has received widespread critical acclaim in print and online media publications. The goal of RailYatri is in to provide train passengers with comprehensive information on their daily journeys, enabling them to make informed decisions about train travel. Despite the fact that Indian Railways are the preferred mode of transportation for most Indians, there is limited access to relevant information and it is scattered. The railway company, RailYatri, has taken action to alleviate the concerns of their passengers. The aim has always been to be the proficient guide for train travel, guiding passengers on their journey with confidence.

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RailYatri, the train ticketing platform, has showcased robust financial performance over the past few years. The company’s upward trajectory is evident in its impressive revenue figures, which nearly reached the significant milestone of Rs 300 crore. Additionally, headquartered in Noida, RailYatri successfully curtailed its losses in the fiscal year FY23.

During the fiscal year ending March 2023, RailYatri’s operational revenue witnessed a remarkable surge, growing by 2.3 times to Rs 273.73 crore compared to Rs 117.21 crore in FY22. This growth not only underscores RailYatri’s financial strength but also reflects its commitment to delivering value to its customers.

Established back in 2014, RailYatri provides comprehensive train ticket details along with an efficient intercity bus service known as IntrCity SmartBus. This innovative bus service operates on various routes including popular ones like Delhi to Lucknow, Delhi to Kanpur, Mumbai to Pune, Bengaluru to Hyderabad, and Chennai to Coimbatore, among others. What sets RailYatri apart is its introduction of the ‘flexi-ticket’ feature, allowing users to tweak their travel plans last-minute in situations where securing a train reservation becomes challenging.

Co-founded by the trio of Kapil Raizada, Manish Rathi, and Sachin Saxena, RailYatri has successfully generated 93% of its revenue through its roadway operations. The remainder of its income is derived from commissioning, advertising, and publicity efforts.

During the fiscal year of 2023, RailYatri saw a notable increase in its financial standing, with its total revenue reaching Rs 279.75 crore. This included approximately Rs 6 crore generated from interest and financial asset gains, contributing to the company’s overall growth.

Moreover, RailYatri allocated 11% of its expenditures towards employee benefits during this period. However, there was a significant rise in this expenditure, climbing by 26.7% to Rs 32.9 crore in FY23 from Rs 25.97 crore in FY22. It’s important to note that this figure encompasses various expenses related to the employee stock option scheme and the employee stock purchase plan, amounting to Rs 24 lakh and Rs 3.71 crore in FY23 and FY22, respectively. These initiatives underline RailYatri’s commitment to nurturing its workforce and fostering a supportive work environment.

In the fiscal year 2023, there was a notable shift in expenditure for RailYatri. While expenses for advertisements and promotions saw a significant decrease of 21.8%, down to Rs 6.4 crore, there was a contrasting increase in information technology expenses, which grew to Rs 1.82 crore.

Of particular interest is the allocation of Rs 242 crore by RailYatri towards miscellaneous expenses, encompassing outsourced support, cashback, discounts, and other operational and administrative costs during FY23.

Overall, the company witnessed a substantial surge in total expenditure, amounting to Rs 298 crore during FY23, marking an 83.4% increase from the previous fiscal year’s Rs 162.5 crore.

Despite this uptick in expenses, RailYatri demonstrated adept management of its financial performance, achieving a noteworthy 58.5% reduction in losses. Impressively, the company’s losses diminished to Rs 18.2 crore in FY23, a significant improvement from Rs 43.87 crore in FY22.

RailYatri demonstrated robust financial performance, nearly reaching the milestone of Rs 300 crore in operational revenue during FY23, showcasing a 2.3x surge from the year prior. The company’s innovative intercity bus service, along with the introduction of the ‘flexi-ticket’ feature, differentiates it in the market. Despite a notable 26.7% rise in employee benefit expenditure, its commitment to nurturing the workforce and fostering a supportive work environment is evident. With a substantial surge in total expenditure, marking an 83.4% increase, RailYatri adeptly managed its financial performance, achieving a noteworthy 58.5% reduction in losses to Rs 18.2 crore in FY23.