India, Sept. 17 -- Online travel aggregator Yatra, on Wednesday (September 16), announced that members of its senior management have collectively purchased 50K shares of the company from open market transactions in the last two days. The team of senior management includes CEO Dhruv Shringi and VP of investor relations and corporate development Manish Hemrajani.

The development comes a week after Yatra announced its unaudited financial and operating results for the first quarter of 2021 that ended in June. The company noted that it recorded a revenue of INR 19.2 Cr ($2.5 Mn) in Q1 of FY21 versus INR 225 Cr ($32.7 Mn) in Q1 FY20. The company had also managed to generate INR 23.62 Cr ($3.1 Mn) in adjusted revenue, representing a decrease of...