Shares of Le Travenues Technology Ltd, which operates travel booking platform Ixigo, rose by 8.40% to ₹194 on Thursday, July 17, after the company reported robust Q1 FY26 results.
For the quarter ended June 30, 2025, Ixigo posted a 27.7% year-on-year (YoY) rise in net profit to ₹18.9 crore, compared to ₹14.8 crore in the same period last year.
Revenue from operations soared 74.2% YoY to ₹314.4 crore, driven by strong growth across flight, bus, and train segments. Gross Transaction Value (GTV) surged 55% YoY to ₹4,644.7 crore, with flights and buses up 81%, and trains up 30%.
At the operating level, EBITDA jumped 53.1% YoY to ₹25.5 crore, though EBITDA margin declined slightly to 8.10% from 9.15% a year ago. Contribution margin increased 48% YoY to ₹128.1 crore. Adjusted EBITDA stood at ₹31.4 crore, up 54%.
Profit before share of associates, exceptional items, and tax rose 76% YoY to ₹28.7 crore.
The stellar performance and outlook have driven investor optimism, reflected in today’s nearly 9% stock rally.
