BSECompany Update6 Aug 2026 · 6 Aug 2026, 06:48 pm
Media Release on financial results for quarter ended June 30, 2026
Le Travenues Technology Ltd · 544192
✦ AI Summary▲ PositiveResults
Le Travenues Technology Ltd (IXIGO) reported Q1 FY27 financial results, with Gross Transaction Value (GTV) at Rs. 5,524.33 Cr (+19% YoY), Revenue from Operations at Rs. 356.75 Cr (+13% YoY), and Profit After Tax (PAT) at Rs. 34.24 Cr (+81% YoY).
Analysis Scores
Earnings Impact8/10
Growth Catalyst7/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk2/10
Liquidity Impact9/10
Market Sentiment9/10
✦ Ask a Question
Ask anything about this announcement — AI will answer based on the filing content.
Full Announcement
Le Travenues Technology Ltd - 544192 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
Attachments (1)
📄pdf
Download →
2c64070d-0c94-4675-8517-6ca360b4b102.pdf
View document text
August 06, 2026 LTTL/L&S/2026-27/08/06
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 - Media Release - Financial Results for the quarter ended
June 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 Media Release on the unaudited financial results (consolidated and
standalone) of the Company for the quarter ended June 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)
ixigo Delivers All-Time High PAT of Rs. 34.24 Cr (+81% YOY) with
Record GTV & Revenue from Operations in Q1 FY27
● Q1 FY27 GTV at Rs. 5524.33 Cr (+19% YoY), Revenue from Operations at Rs. 356.75 Cr (+13%
YoY), and Contribution Margin at Rs. 144.94 Cr (+13% YoY).
● Q1 FY27 Profit After Tax (PAT) at Rs. 34.24 Cr (+81% YoY), Profit Before Tax (PBT) up 68% YoY
● Flights gains market share, now ixigo's largest vertical by GTV; Bus GTV grows 39% YoY
● Hotels emerges as ixigo's Fastest-Growing Business line, 0.5 Million ‘heads on beds’ in Q1
Gurugram, India, 6th August 2026: Le Travenues Technology Limited (NSE: IXIGO, BSE: 544192), India’s
leading AI-based travel platform, today announced its standalone and consolidated financial results for
the quarter ended June 30, 2026.
Despite a volatile operating environment, ixigo delivered another resilient quarter, underpinned by the
strength of its diversified multimodal business. The company reported Gross Transaction Value (GTV) of
Rs. 5,524.33 Cr, up 19% YoY, while Revenue from Operations grew 13% YoY to Rs. 356.75 Cr
Contribution Margin increased 13% YoY to Rs. 144.94 Cr Profit Before Tax (PBT*) surged 68% YoY, while
Profit After Tax (PAT) rose 81% YoY to an all-time high of Rs. 34.24 Cr.
The Bus business, Abhibus, delivered the highest growth (+39% YoY GTV, +34% YoY Revenue) and Bus
Contribution Margin soared 28% YoY. Despite a volatile international flights market due to the Iran
conflict, as well as higher domestic fares, Flights gained market share and became ixigo's largest vertical
by Gross Transaction Value (GTV), growing 27% YoY. Trains continued to hold steady with market share
gains (63% share of OTA market) and contribution margin improvements, despite volume pressures due
to policy changes last year.
Higher airfares and limited availability of confirmed train tickets continue to boost demand for intercity
bus travel. ixigo's Bus business significantly outpaced the broader market through continued
investments in customer experience, including its industry-first Roadside Assistance feature, offering
cab support within an hour for bus breakdowns, as well as deeper supply expansion. The momentum
extended well beyond metro markets, with 17 states recording over 60% YoY growth, spanning
established markets such as Delhi, Odisha, Uttarakhand, West Bengal and Himachal Pradesh, as well as
emerging markets across North-East India. The launch of BusBiz and BUSGDS.AI are going to create new
distribution channels and deepen our relationship with operators.
Hotels: ixigo’s Next Growth Engine
● Hotels emerged as ixigo's fastest-growing line of business by GTV in Q1 FY27
● Recorded 0.5 Million Heads on Beds during the quarter
● ixigo strengthened it’s hotels business through the acquisition of a 54.66% majority stake in
Brevistay, India's largest flexible-stay hotel network, expanding its presence in the flexible and
short-stay accommodation segment
● Direct hotel footprint expanded to 10,000+ properties across 700 towns in India, powered by its
AI-first hotel extranet, HELLO
● Overall hotel supply crossed 70,00 properties across India and 1 million properties worldwide
Key Performance Highlights - Q1 FY27
● Gross Transaction Value (GTV) stood at Rs. 5,524.33 Cr in Q1 FY27, registering a 19% YoY growth
compared to Q1 FY 26
● Revenue from Operations grew by 13% YoY to Rs. 356.75 Cr in Q1 FY27 from Rs. 316.05 Cr in Q1
FY 26
● Contribution Margin (CM) increased 13% YoY to an all-time high of Rs. 144.94 Cr in Q1 FY27
● EBITDA increased by 65% YoY at Rs. 53.52 Cr for Q1 FY27 as compared to the same period in the
previous year. Adjusted EBITDA (EBITDA plus ESOP Expenses less Other Income) stood at Rs.
29.24 Cr in Q1 FY27.
● Profit Before Tax, Share of Loss of Associates and Exceptional items is at Rs. 48.14 Cr in Q1
FY27, up from Rs. 28.66 Cr in Q1 FY 26.
● Q1 FY27 also recorded an all-time high Profit After Tax at Rs. 34.24 Cr compared to Rs. 18.94 Cr
in Q1 FY26, reflecting an 81% YoY increase.
Management Commentary
Aloke Bajpai, Group CEO, ixigo and Rajnish Kumar, Group Co-CEO, stated: “In Q1 FY27, despite the
challenging macro environment, we continued taking market share and delivered resilient growth,
crossing ₹5,524 Crores Quarterly GTV with an All-Time High Revenue and PAT. Our Bus business was the
hero with 39% GTV growth YoY. This was also the quarter when ixigo’s Hotels business shifted gears
through the Brevistay acquisition, crossing critical mass of direct supply and room nights. We are closer
to product-market fit on hotels than ever before and we are investing for growth and customer
experience”
Saurabh Devendra Singh, Group CFO, ixigo, added: “Q1 FY 27 had much progress and some challenges.
We continue to execute and remain optimistic about the long-term trajectory. Until the Iran conflict is not
fully resolved, we expect some volatility. We are using uncertain times to strengthen our core, build
market share and invest in hotels and our AI-native future.”
About ixigo (NSE: IXIGO, BSE: 544192)
Launched in 2007 by Aloke Bajpai & Rajnish Kumar, ixigo (Le Travenues Technology Limited) is a
technology company focused on empowering Indian travellers to plan, book and manage their trips
across rail, air, buses and hotels. ixigo assists travellers in making smarter travel decisions by leveraging
artificial intelligence. The ixigo, ConfirmTkt and AbhiBus apps allow travellers to book train tickets, flight
tickets, bus tickets, hotels, and cabs, and provide travel utility tools and services developed using
in-house proprietary algorithms and crowd-sourced information. With over 57 crore Annual Active Users
in Fiscal 2026, ixigo is India’s leading AI-based travel platform. For more information, please visit
http://www.ixigo.com
For media inquiries, please contact:
Arsheen Jain | arsheen@ixigo.com | +91 9811371767