Le Travenues Technology, operating under the brand ixigo, announced a 31% YoY increase in revenue from operations for Q3 FY26, reaching ₹3,175.64 million. GTV grew by 21% YoY to ₹49,028.55 million. The company reported adjusted EBITDA of ₹307.89 million and a profit before tax of ₹381.21 million. Flight and Bus GTV experienced substantial growth, contributing to the overall positive financial performance.
Q3 FY26 Financial Highlights
Le Travenues Technology (ixigo) reported strong financial results for the quarter ended December 31, 2025 (Q3 FY26):
- Gross Transaction Value (GTV): Reached ₹49,028.55 million, a 21% increase compared to the same period last year.
- Revenue From Operations: Grew by 31% YoY to ₹3,175.64 million, up from ₹2,417.61 million in Q3 FY25.
- Contribution Margin: Increased by 12% YoY, reaching ₹1,152.76 million.
- Adjusted EBITDA: Increased to ₹307.89 million, a 27% increase from ₹243.37 million in Q3 FY25.
- Profit Before Tax: Stood at ₹381.21 million, up from ₹233.13 million in the corresponding quarter of the previous year, a 64% increase.
Segment Performance
The company saw robust growth across its key segments:
- Flight GTV: Grew by 22% YoY. Revenue increased by 49% YoY to ₹1,023.97 million.
- Bus GTV: Increased by 36% YoY. Revenue increased by 47% YoY to ₹755.74 million.
- Train GTV: Grew by 15% YoY.
Operational Updates and Strategic Initiatives
The company emphasized its focus on customer experience and technology innovation. Some key operational and strategic highlights included:
- Implementation of customer-friendly policies during flight disruptions, including proactive refunds.
- Leveraging AI for customer support and managing operational challenges.
- Continued investment in AI and technology to improve user experience and efficiency.
- Expanding international flight offerings and partnerships.
Future Outlook
Le Travenues Technology remains focused on long-term growth and innovation. The company is closely monitoring developments in airline capacity and infrastructure, as well as investing in new technologies and partnerships to drive future growth.
Source: BSE
