Le Travenues Technology Limited (ixigo) has announced strong financial results for the fiscal year ended March 31, 2026. The company achieved an all-time high Profit After Tax (PAT) of ₹32.1 crore in the final quarter, representing a 91% year-on-year increase. Driven by robust performance across its flight and bus segments, the firm reported a full-year Revenue from Operations of ₹1,228 crore and a significant 60% jump in cash flow from operations.
Financial Performance Highlights
The company delivered resilient growth throughout FY26, characterized by a 25% increase in Gross Transaction Value (GTV) to ₹18,692.7 crore. Revenue from operations saw a steady rise of 34%, reaching ₹1,228 crore. The profitability saw a major boost, with Adjusted EBITDA growing 28% to ₹120.9 crore for the full year.
Strategic Growth in Travel Verticals
During FY26, ixigo maintained strong momentum despite a volatile macro environment, achieving over 50% year-on-year growth in both its flight and bus revenue segments. In the final quarter (Jan-Mar 2026), flights emerged as the largest business category by GTV, exceeding ₹2,018 crore.
Advancing AI-Native Operations
A core driver of this performance has been the firm’s pivot toward an AI-native strategy. The introduction of ixigo NEXT and the TARA conversational assistant have enhanced customer engagement and personalization. The platform’s efficiency is evidenced by its ability to manage 4.35 million customer queries in the final quarter, with over 81% of voice calls being handled entirely through AI-driven automation.
Management Outlook
Leadership attributed the year’s success to a diversified business model and disciplined execution. Despite external challenges, including a high base effect from previous periods, the company reported market-share gains and improved cash conversion. The focus moving forward remains on the evolution of agentic AI capabilities to further refine the travel planning and booking experience for Indian users.
Source: BSE
