Tag

Le Travenues Technology Limited

5 articles
Ixigo's (Le Travenues Technology Limited) Q2 FY27 results demonstrate a significant acceleration in growth, highlighted by a record net profit of ₹63.42 crore, driven in part by a ₹40.66 crore gain from a partial stake sale in Freshbus. Gross transaction value (GTV) increased by 22% year-over-year to ₹5,304 crore, with the newly disclosed Hotels segment exhibiting particularly strong performance, achieving 2.6x year-over-year GTV growth. While adjusted EBITDA declined due to increased investments in Hotels and technology, the company's focus on a three-pronged AI strategy suggests a commitment to continued innovation and market expansion, positioning Ixigo for sustained growth in the travel tech sector.