Le Travenues Technology (ixigo) announced record-breaking results for Q3 FY26, with all-time high revenue, GTV, and PBT. Revenue from operations reached ₹317.6 Cr (+31% YoY), and GTV hit ₹4902.9 Cr (+21% YoY). The company reported EBITDA of ₹42.8 Cr (+61% YoY) and PBT of ₹38.1 Cr (+64% YoY). Strong growth in flight and bus revenue drove the results.
Exceptional Financial Performance
ixigo reported outstanding financial results for the quarter ended December 31, 2025 (Q3 FY26), achieving record highs in key performance indicators. The company demonstrated robust growth and profitability, solidifying its position in the travel industry.
Key highlights include:
- Revenue from Operations: ₹317.6 Cr, a 31% increase year-over-year.
- Gross Transaction Value (GTV): ₹4902.9 Cr, up by 21% compared to the previous year.
- EBITDA: ₹42.8 Cr, showcasing a substantial 61% year-over-year growth.
- Profit Before Tax (PBT): ₹38.1 Cr, reflecting a significant 64% increase compared to the previous year.
Segment Performance
ixigo experienced strong performance across its flight and bus segments:
- Flight Revenue: Increased by 49% YoY.
- Bus Revenue: Grew by 47% YoY.
The company successfully gained market share despite industry disruptions, showcasing its resilience and customer-centric approach. International flights GTV grew over 50% YoY.
AI-Powered Customer Service
ixigo leveraged its AI-led customer experience stack to effectively manage industry-wide flight disruptions. Over 76% of voice calls in Q3 were handled end-to-end by AI. During the peak of the crisis in December, AI handled nearly 90% of all voice calls, totaling over 150,000 calls. This proactive approach resulted in improved customer satisfaction.
Strategic Initiatives
ixigo continues to innovate and expand its services:
- Rolled out Armed Forces Fares, offering discounts to serving and retired personnel.
- Launched Airport Cabs to provide reliable and cost-effective airport transfers.
- Introduced ReadyGo on AbhiBus for bus operators.
- Partnered to introduce QR-based Mumbai Metro ticketing on ixigo Trains & ConfirmTkt.
- ConfirmTkt now powers train bookings on the Rapido app.
Source: BSE