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Le Travenues reports Q1 profit at Rs 19 crore, revenue at Rs 314 crore

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July 16, 2025
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Le Travenues reports Q1 profit at Rs 19 crore, revenue at Rs 314 crore
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Le Travenues Technology (ixigo) has reported revenue from operations Rs 314.5 crore in the quarter ended June up 73% year on year, while its net profit was at Rs 19 crore for the quarter under review, up 27% year on year.

The company said its gross transaction value (GTV) is at Rs 4644.7 crore in quarter one of financial year 2026, growing by 55% year on year. The company said its flight and bus GTV led the growth with 81% increase year on year while train GTV grew 30% year on year.

ixigo’s EBITDA increased by 69% to Rs 32.5 crore for quarter one of financial year 2026 as compared to the same period in the previous year. Adjusted EBITDA (EBITDA plus ESOP Expenses less Other Income) increased to Rs 31.4 crore for quarter one of Financial year 2026, an increase of 54% from Rs 20.3 crore in quarter one of financial year 2025.

Rajnish Kumar, group co-CEO, ixigo and Aloke Bajpai, group CEO, ixigo said the company continues to see rapid growth and has hit new ‘all-time highs.’ They said the growth in categories such as buses and flights stems from a customer-centric approach, ability to cross-sell and up-sell to the captive user-base, AI-driven efficiencies and enhanced brand awareness.

Saurabh Devendra Singh, group CFO, ixigo said quarter one of financial year 2026 is another strong quarter, with ‘record’ revenue and profits across all key verticals.

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“The 54% increase in adjusted EBITDA and 76% growth in PBT (excluding exceptional items) demonstrate the strength of our operating model and disciplined execution. We remain committed to driving sustainable growth,” he added. The company said it crossed 10,000 daily meal deliveries with Zoop, with over 20 lakh meals served across 200+ stations since October 2024. ixigo’s bus business, AbhiBus partnered with global travel platform CheckMyBus to expand the reach of its bus inventory to international travellers.

The company said its bus and train segments continue to gain traction, particularly in the bus and train segments. In quarter one of financial year 2026, train bookings by Gen Z travellers (aged 18-30) on ixigo rose 45% year on year, with Mumbai, Delhi, Kolkata, Visakhapatnam, and Pune emerging as the fastest-growing markets. Bus bookings from this cohort saw even sharper growth, rising 56% year on year, led by Indore, Lucknow, and Nagpur.

Train bookings by solo female travellers grew by 123% year on year for the company. ixigo said it is deepening its investment in agentic AI and automation to drive scalable, ‘customer-first innovation’.

The company said key AI led initiatives for the quarter under review include voice-led customer support, enhanced AI-based personalisation, and expanding bundled offerings like travel insurance and visa rejection protection. The company said its quarter one flash sales for flights and hotels were driven by AI-led videos and creatives, reducing production costs to just 0.1% of traditional budgets.

Tags: croreixigo financial resultsixigo revenue reportLe Travenues Q1 profitle travenues technologyprofitquarter one earningsreportsrevenuetransportation technology growthTravenues
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