ixigo Delivers All-Time High PAT of Rs. 34.24 Cr (+81% YOY) with Record GTV and Revenue from Operations in Q1 FY27

Le Travenues Technology Limited, India’s leading AI-based travel platform, today announced its standalone and consolidated financial results for the quarter ended June 30, 2026.

Financial Highlights
- Gross Transaction Value (GTV): ₹5,524.33 Cr (+19% YoY)
- Revenue from Operations: ₹356.75 Cr (+13% YoY)
- Contribution Margin: ₹144.94 Cr (+13% YoY)
- EBITDA: ₹53.52 Cr (+65% YoY)
- Profit Before Tax (PBT): ₹48.14 Cr (+68% YoY)
- Profit After Tax (PAT): ₹34.24 Cr (+81% YoY, all-time high)

Business Segment Performance
- Flights: Largest vertical by GTV, +27% YoY despite volatile international market.
- Buses (Abhibus): Strongest growth, +39% YoY GTV, +34% YoY revenue.
- Trains: Stable with 63% OTA market share, margin improvements despite policy changes.
- Hotels: Fastest-growing line, 0.5M “heads on beds” in Q1; boosted by majority stake in Brevistay and expanded supply (10,000+ direct properties, 70,000+ overall in India, 1M worldwide).

Strategic Notes
- Bus demand surged due to higher airfares and limited train ticket availability.
- Expansion beyond metros: 17 states recorded >60% YoY growth, including Delhi, Odisha, Uttarakhand, West Bengal, Himachal Pradesh, and North-East India.
- New initiatives: BusBiz and BUSGDS.AI to deepen operator relationships and distribution channels.
- Hotels business is positioned as ixigo’s next growth engine, with AI-powered extranet (HELLO) and flexible-stay offerings.

Management Commentary
- CEOs (Aloke Bajpai & Rajnish Kumar): Highlighted resilient growth, bus business as “hero,” and hotels nearing product-market fit.
- CFO (Saurabh Devendra Singh): Acknowledged volatility from Iran conflict but emphasized long-term optimism and AI-native investments.