Le Travenues Technology Limited (ixigo) announced its unaudited financial results (consolidated and standalone) for Q2 FY27 ended September 30, 2026, in compliance with SEBI Listing Regulations.
Financial Performance Highlights - Q2 FY27
- Gross Transaction Value (GTV): Rs. 5,304.47 Crores, representing 22% YoY growth from Rs. 4,347.50 Crores in Q2 FY26
- Revenue from Operations: Rs. 320.96 Crores, showing 13% YoY growth from Rs. 284.23 Crores in Q2 FY26
- Contribution Margin: Rs. 124.86 Crores, increasing 14% YoY from Rs. 109.58 Crores in Q2 FY26
- Adjusted EBITDA: Rs. 23.58 Crores, declining 17% YoY from Rs. 28.48 Crores in Q2 FY26
- Profit Before Tax (excluding ESOP expense): Rs. 33.53 Crores, growing 37% YoY from Rs. 24.44 Crores in Q2 FY26 (Q2 FY26 excluded one-off ESOP expense of Rs. 26.9 Crores)
- Profit After Tax: Rs. 63.42 Crores, an all-time high, aided by partial sale of stake in Freshbus
- Cash Flow from Operations: Rs. 76.44 Crores, declining 17% from Rs. 91.55 Crores in Q2 FY26
Business Segment Performance
Hotels Business (Newly Disclosed Segment):
- GTV: Rs. 111.34 Crores, growing 159% YoY
- Revenue: Rs. 8.1 Crores, growing over 6x (528%) YoY
- Gross take rate: 12%+
- Room nights booked (net of cancellations): 4.7 Lakhs for the quarter, growing 295% YoY
- Daily room nights: Crossed 5,000 per day, growing 3.9x YoY
- Inventory: 70,000+ properties in India, including 12,000+ directly contracted properties across 1,100 towns
- Customer source: 86%+ of bookings came from ixigo's own captive users
Other Business Lines:
- Flight GTV: 37% YoY growth
- Bus GTV: 32% YoY growth
- Distribution expansion: Powering train bookings on Uber alongside existing bus integration
- Food delivery through Zoop and Swiggy now services over 290 railway stations
- AbhiBus launched Women Zone booking option for solo women travellers
Management Commentary
Aloke Bajpai (Group CEO), Rajnish Kumar (Group Co-CEO), and Saurabh Devendra Singh (Group CFO) stated that the company delivered resilient growth with Quarterly GTV of ₹5,304 Crores (up 22% YoY) and Revenue from Operations of ₹321 Crores (up 13% YoY). They highlighted that PAT reached an all-time high aided by partial sale of stake in Freshbus. Flight and Bus led the quarter with GTV growth of 37% and 32% YoY respectively. The company is disclosing Hotels as a new line of business which grew GTV 2.6x YoY to ₹111 Crores with a gross take rate of more than 12%. The company continues to invest in Hotels and AI as key drivers of long-term growth.
Additional Information
The company has 57 crore Annual Active Users in Fiscal 2026 and is India's leading AI-based travel platform. The announcement is available on the company's website at https://investors.ixigo.com/.