The online travel aggregator ixigo reported strong financial performance for the first quarter of fiscal 2026, with revenue from operations jumping 73 per cent year-on-year to ₹314.5 crore. The company also posted a profit before tax of ₹28.7 crore, marking a 76 per cent increase from the same period last year.
The shares of Le Travenues Technology Limited (ixigo) were trading at ₹202.79 up by ₹23.83 or 13.32 per cent on the NSE at 11.10 am.
Gross Transaction Value (GTV) reached ₹4,644.7 crore in Q1 FY26, representing a 55 per cent year-on-year growth. The flight and bus segments led this expansion with an 81 per cent increase, while train bookings grew 30 per cent compared to the previous year.
EBITDA for the quarter stood at ₹32.5 crore, up 69 per cent from Q1 FY25. Adjusted EBITDA, which accounts for employee stock option expenses and other income, increased 54 per cent to ₹31.4 crore.
The company’s contribution margin rose 48 per cent year-on-year to ₹128.1 crore during the quarter.
ixigo serves over 54 crore annual active users and operates through its main platform along with ConfirmTkt and AbhiBus applications.
Management attributed the growth to cross-selling capabilities, technology-driven efficiency, and increased brand awareness. The company has been investing heavily in artificial intelligence, with its AI assistant TARA Voice now resolving over 60 per cent of customer calls for flights and hotels.
Recent product launches include enhanced Price Lock features covering fare hikes up to ₹8,000 and visa rejection protection for international travelers.
Published on July 17, 2025
