Yatra CFO Rohan Mittal Steps Down

Online travel aggregator Yatra’s group chief financial officer (CFO) and key managerial personnel Rohan Mittal has stepped down from his position to pursue new opportunities.

In an exchange filing, the company said that its board discussed and considered Mittal’s resignation at its meeting held today.

“Mr. Mittal vide his resignation letter dated March 10, 2025, has resigned from the office of group chief financial officer and key managerial personnel of the company to look for new opportunities,” it added.

His last working day will be decided mutually to ensure a smooth handover, Yatra said.

Mittal, who did his MBA from IIM Lucknow, joined Yatra in 2022. Prior to that, he served as the CFO of Mahindra-owned logistics services provider Rivigo and supply chain management company AllcargoGATI. He also worked with companies like PwC India and ICICI Bank in the past.

Founded by Dhruv Shringi, Manish Amin, and Sabina Chopra in 2006, Yatra is a travel tech company which lets users book flight tickets, hotels, holiday packages, buses, trains, among others. The Nasdaq-listed startup went public in India in September 2023. 

Last year, it acquired Globe All India Services (Globe Travels) in INR 128 Cr deal. Back then, the company said that the acquisition would strengthen its position in the corporate travel sector.

On the financial front, Yatra’s profit after tax (PAT) rose to INR 10 Cr in the third quarter of the fiscal year 2024-25 from INR 1.05 Cr in the year-ago period. Operating revenue surged 113% to INR 235.25 Cr during the quarter under review from INR 110.34 Cr in the year-ago quarter.

However, the company’s shares have been on a downward trend amid the ongoing correction in the Indian equities market and have slipped below the IPO price. The stock ended today’s trading session 2.3% lower at INR 65.95 apiece on the BSE.