Le Travenues Technology (ixigo) announced its Q3 FY26 results, showcasing a 21% increase in GTV to ₹49,028.55 million and a 31% rise in revenue to ₹3,175.64 million. Adjusted EBITDA increased by 27% to ₹307.89 million. The company continues to focus on AI and customer-centric strategies for sustainable growth and profitability in the travel sector. They reported annual active users reaching 544.35 Mn.
Strong Q3 FY26 Performance
Le Travenues Technology Limited (ixigo) reported impressive financial results for Q3 FY26. Key highlights include:
- GTV: Increased by 21% to ₹49,028.55 million.
- Revenue from Operations: Rose by 31% to ₹3,175.64 million.
- Contribution Margin: Grew by 12% to ₹1,152.76 million.
- Adjusted EBITDA: Increased by 27% to ₹307.89 million.
- PBT (ex loss of associate, exceptional items & tax): Increased by 64% to ₹381.21 million.
Key Performance Indicators
The company demonstrated strong performance across various key indicators:
- Monthly Active Users: Reached 82.37 million in Q3 FY26, compared to 81.61 million in Q3 FY25.
- Gross Transaction Value: Stood at ₹138,950.10 million for the nine months ended December 31, 2025.
- Revenue from Operations: Amounted to ₹9,147.77 million for the same period.
Strategic Highlights
Ixigo’s management highlighted its continued focus on leveraging AI to enhance customer experience and drive sustainable growth. Key strategic elements include:
- Utilizing AI for smart travel decisions.
- Building a multi-brand travel ecosystem.
- Focusing on customer-centric solutions.
Recent Announcements and Developments
Recent announcements underscore ixigo’s commitment to innovation and customer service:
- Launched Airport Cabs for reliable airport transfers.
- Partnered with MMRCL to launch Mumbai Metro ticketing.
- Introduced Armed Forces Fares.
Growth Drivers and Future Outlook
Ixigo is positioned to capitalize on the expanding Indian travel market. Key factors supporting this outlook include:
- India’s growing per capita incomes.
- Increasing online penetration in the travel sector.
- Expansion of the Indian Railways infrastructure.
Conference Call Information
Le Travenues Technology Limited will host a conference call on January 22, 2026, to discuss the Q3 FY26 financial results. The call is scheduled for 05:00 PM IST.
Source: BSE
