Earnings Release on financial results for quarter and half year ended September 30, 2026

October 17, 2026 LTTL/L&S/2026-27/10/09 The Listing Department, The Listing Department, National Stock Exchange of India Limited, BSE Limited, Exchange Plaza, C-1, Block G, Phiroze Jeejeebhoy Towers, Bandra Kurla Complex, Dalal Street, Bandra (E), Mumbai - 400 051 Mumbai - 400 001 Maharashtra, India Maharashtra, India Dear Sir/Madam, Sub : Announcement under Regulation 30 and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 - Earnings Release - Financial Results for quarter and half year ended September 30, 2026 Ref : Le Travenues Technology Limited (the “Company”) NSE Symbol: IXIGO and BSE Scrip Code: 544192 In compliance with Regulation 30 and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended), please find enclosed the Earnings Release on the unaudited financial results (consolidated and standalone) of the Company for the quarter and half year ended September 30, 2026. This announcement will also be available on the website of the Company at https://investors.ixigo.com/. This is for your information and records. Thank you, For Le Travenues Technology Limited Suresh Kumar Bhutani (Group General Counsel, Company Secretary & Compliance Officer) E A R N I N G S R E L E A S E Q2 FY27 | Oct 17, 2026 Check-In to Growth Earnings Release Vision Our vision is to become the most customer-centric travel company, by offering the best customer experience to our users. Q2 FY27 | Oct 17, 2026 Who we are We are a technology company focused on empowering travellers to plan, book and manage their trips. Flights Hotels Trains Buses Earnings Release We are in the “Peace of Mind” Business Dynamic AI-based Pricing for Value Added Services No Questions Asked Lock Fare Now, Upto 150% Assured Refund Full Refunds Pay Later and Roadside Assistance Fully Flexible Upto 3X Refund on Upto 3X Refund on and Freely Unconfirmed Waitlisted Bus Tickets if canceled Reschedulable Train Tickets by bus operator Other Value Added Services 30%1 Trip Delay Food Airport Seat & Protection on Trains Cabs In-flight Meals Ancillary Attach Rate Smart Travel Visa Visa Rejection Lock Insurance Processing Protection Note: 1. For 3 months ended 30th June 2026 Q2 FY27 | Oct 17, 2026 Headline Results Q2 FY27 vs Q2 FY26 Highlights H1 FY27 ₹5,304.47 ₹320.96 ₹124.86 ₹23.58 ₹33.53 ₹76.44 Crore Crore Crore Crore Crore Crore REVENUE FROM CONTRIBUTION ADJUSTED CASHFLOW FROM GTV PBT* OPERATIONS MARGIN EBITDA OPERATIONS 22% 13% 14% -17% 37% -17% Note: 1. GTV (Gross Transaction Value) refers to the total amount paid (including taxes, fees and service charges, gross of all discounts) by users for the OTA services and products booked through us in the relevant period/year. 2. Contribution Margin is defined as net ticketing revenue plus other operating revenue less direct expenses. 3. Adjusted EBITDA is calculated as the restated profit for the period or year plus tax expense, finance cost, depreciation, amortization expenses, Employee Stock Option Scheme less other income, exceptional items, share of profit/loss of associate. 4. *Profit / (loss) before share of loss of an associate, exceptional Items and tax. Excludes a one-off ESOP expense of ₹26.9 Cr for Q2 FY26 Key Performance Highlights - Q2 FY27 ▪ Gross Transaction Value (GTV) stood at ₹5,304.47 Cr in Q2 FY27, registering 22% YoY growth compared to ₹4,347.50 Cr in Q2 FY26. ▪ Revenue from Operations grew 13% YoY to ₹320.96 Cr in Q2 FY27 from ₹284.23 Cr in Q2 FY26. ▪ Contribution Margin (CM) increased 14% YoY to ₹124.86 Cr in Q2 FY27 from ₹109.58 Cr in Q2 FY26. ▪ Adjusted EBITDA (EBITDA plus ESOP Expenses less Other Income) stood at ₹23.58 Cr in Q2 FY27, down 17% YoY from ₹28.48 Cr in Q2 FY26. ▪ Profit before share of loss of an associate, exceptional items and tax, stood at ₹33.53 Cr in Q2 FY27 ▪ Q2 FY27 also recorded an all-time high Profit After Tax at ₹63.42 Cr Earnings Release The questions here are drawn from two main sources: those most frequently asked by our investors during the quarter, and those that we anticipate investors may have based on the company’s results. The aim is to address both themes and forward-looking queries that reflect investor curiosity and market perspectives. In case there are questions that you would want answered in the next quarter, please send an email to ir@ixigo.com From this quarter, we report four segments: Trains, Flights, Buses and Hotels. We have identified Hotels as a separate operating segment and moved food-on-train services into the Trains segment. We have restated the comparative figures for earlier periods on the same basis such that the segment disclosures remain comparable. While we are presenting all answers in a single company voice, they continue to reflect our collective views and decisions. Ques 1. Why are you breaking out Hotels as a separate line of business this quarter? What do the numbers show, and how big can this become for ixigo? In our Q4 FY26 FAQ (Ques 8, p.14), we said we would report Hotels separately once we had meaningfully solved the Peace of Mind problem for travellers and built enough depth in supply, fulfilment and post-booking experience. We also reiterated last quarter (Q1 FY27 FAQ, Ques 4, p.10). We are now making detailed disclosures of our hotels business in line with how we disclose our other business lines because product-market fit is emerging and the business has become material. The breakout is more than a change in disclosure. It reflects our confidence in this business’ future. Hotels is still at an early stage, and our priority is to build it, investing where it matters most at each step. The early signs are encouraging. We now do more than 5,000 room nights a day in terms of bookings net of cancellations. Hotel GTV reached ₹111 Cr in Q2 FY27, up 39% quarter-on-quarter and 2.6x year-on-year. Revenue rose more than six times to ₹8.1Cr, and our gross take rate of over 12% is the highest of any of our businesses. Contribution margin was ₹(1.2) Cr, or –15% of revenue, against –55% of revenue a year ago. More than 86% of hotel bookings come from our captive users i.e. travellers already on our platforms. We now work directly with more than 12,000 hotels across about 1,100 towns, up from over 10,000 hotels across nearly 700 towns last quarter, accelerated by HELLO, our AI-first hotel partner platform. From this quarter, these figures also include Brevistay, an acquisition we are leveraging to accelerate direct hotel partnerships. We believe we are well placed to serve the budget, mid-market and independent hotels of our country. This is where most hotel stays in India happen, where online booking is least developed and where the Peace of Mind problem is most acute. About 60% of hotel room nights in India sell below ₹2,000 a night and independent hotels hold 73% of rooms. This is mainly to fragmented, independent supply, which suggests online penetration at the budget end is lower still. Our users fit this profile. 94% of our transactions involve travellers traveling from or to Tier 2 and Tier 3 cities, and more than nine in ten trips we sell are by train or bus, so a traveller looking for a budget room is often already booking a train or bus with us. That is where we see the most headroom, and why we remain committed to the aspiration we set out last quarter (Q1 FY27 FAQ, Ques 4, p.11–12): to emerge as the largest player in this part of the market over the next four to five years. Q2 FY27 | Oct 17, 2026 On how big this can become, let’s look at the TAM. As per the VIDEC industry report, India’s hotel market was ₹1,57,100 Crore in FY26 and is projected to grow to ₹1,93,900 Cr by FY28, with lodging as a whole accounting for as much as 30% of the country’s total travel spend. The portion booked through OTAs was about ₹40,200 Cr in FY26 and is projected to grow roughly 19% a year to about ₹57,000 Cr by FY28 — making hotels the second-largest OTA categ [Showing first 8,000 characters — download PDF for full document]