LE Travenues Technology Ltd, which operates travel booking platform Ixigo, on Wednesday (July 16), reported a 27.7% year-on-year (YoY) increase in net profit at ₹18.9 crore for the first quarter that ended June 30, 2025.In the corresponding quarter of the previous fiscal, Le Travenues Technology posted a net profit of ₹14.8 crore. The company’s revenue from operations zoomed 74.2% to ₹314.4 crore as against ₹181.8 crore in the corresponding period of the preceding fiscal.
At the operating level, EBITDA jumped 53.1% to ₹25.5 crore in the first quarter of this fiscal over ₹16.6 crore in the corresponding period in the previous fiscal. EBITDA margin stood at 8.10% in the reporting quarter as compared to 9.15% in the corresponding period in the previous fiscal.
Also Read: Flight bookings soar to offbeat destinations, Port Blair sees highest rise this monsoon: IxigoThe company reported a 55% year-on-year increase in Gross Transaction Value (GTV) to ₹4,644.7 crore in Q1 FY26, driven by strong growth in its flight and bus segments, which saw an 81% year-on-year rise. Train GTV also grew 30% during the quarter.
At the operating level, EBITDA jumped 53.1% to ₹25.5 crore in the first quarter of this fiscal over ₹16.6 crore in the corresponding period in the previous fiscal. EBITDA margin stood at 8.10% in the reporting quarter as compared to 9.15% in the corresponding period in the previous fiscal.
Also Read: Flight bookings soar to offbeat destinations, Port Blair sees highest rise this monsoon: IxigoThe company reported a 55% year-on-year increase in Gross Transaction Value (GTV) to ₹4,644.7 crore in Q1 FY26, driven by strong growth in its flight and bus segments, which saw an 81% year-on-year rise. Train GTV also grew 30% during the quarter.
Contribution Margin rose 48% YoY to ₹128.1 crore. Adjusted EBITDA—defined as EBITDA plus ESOP expenses and less other income—stood at ₹31.4 crore, up 54% from ₹20.3 crore in Q1 FY25. Profit before share of loss of associates, exceptional items, and tax grew 76% year-on-year to ₹28.7 crore, compared to ₹16.3 crore in the same quarter last year.
The results came after the close of the market hours. Shares of LE Travenues Technology Ltd ended at ₹179.80, up by ₹3.39 or 1.92% on the BSE.
Also Read: ixigo offers AI tools and flexible payment options to ease travel costs
First Published: Jul 16, 2025 6:37 PM IS
