On-line travel platform Ixigo has reported an 81% year-on-year rise in revenue for the quarter ended 30 June 2026, regardless of pressures throughout elements of India’s journey market.
Le Travenues Know-how, Ixigo’s mother or father firm, reported consolidated PAT of Rs 34.24 crore within the first quarter of FY27, in contrast with Rs 18.94 crore a 12 months earlier.
Its income from operations rose 13% to Rs 356.75 crore from Rs 316.05 crore, whereas gross transaction worth (GTV) elevated 19% to Rs 5,524.33 crore.
Chairman, managing director and group CEO Aloke Bajpai described the exterior setting through the quarter as “not notably cooperative”, as the corporate navigated disruption within the aviation sector and adjustments affecting on-line practice bookings.
Ixigo stated geopolitical tensions linked to the Iran battle, larger airfares and airline capability reductions weighed on aviation demand. Adjustments to the train-ticketing system, together with these affecting Tatkal bookings and waitlisted tickets, additionally put strain on rail volumes.
Prepare ticketing remained Ixigo’s largest enterprise by working income, producing Rs 141.04 crore through the quarter, up from Rs 129.92 crore a 12 months earlier.
Flight ticketing income stood at Rs 104.56 crore, whereas the bus enterprise generated Rs 102.55 crore.
Buses had been the fastest-growing of Ixigo’s main journey classes through the quarter. Bus GTV elevated 39% 12 months on 12 months to Rs 947.43 crore, whereas passenger segments rose 33%.
The bus enterprise recorded a contribution margin of Rs 54.22 crore, making it the corporate’s largest vertical by contribution margin.
Flight GTV rose 27% 12 months on 12 months to Rs 2,341.84 crore, whereas flight passenger segments elevated 4%.
Ixigo stated it remained cautious about near-term progress in aviation passenger numbers as capability reductions by airways, together with Air India and IndiGo, continued to have an effect on the market. Administration stated a extra significant enchancment in capability was anticipated across the festive interval.
The corporate additionally continued to broaden its resort enterprise, recording 0.5 million “heads on beds” through the quarter and constructing a direct provide community of greater than 10,000 resorts throughout practically 700 cities.
Individually, Ixigo accomplished the acquisition of a 54.66% stake in flexible-stay platform Brevistay in early July, after the top of the June quarter.
Different revenue stood at Rs 29.15 crore, taking whole revenue for the quarter to Rs 385.90 crore.
Complete bills elevated 14.7% 12 months on 12 months to Rs 337.76 crore from Rs 294.35 crore. Worker profit bills had been Rs 58.59 crore.
Adjusted earnings earlier than curiosity, tax, depreciation and amortisation (EBITDA) declined 7% to Rs 29.24 crore as the corporate continued investing in newer areas, together with resorts and AI.
On a sequential foundation, PAT rose about 7% from Rs 32.05 crore within the March quarter to Rs 34.24 crore.