ixigo Profit Jumps 91% to ₹32 Crore on Strong Bookings

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AuthorVihaan Mehta|Published at:
ixigo Profit Jumps 91% to ₹32 Crore on Strong Bookings
Overview

Online travel company ixigo reported a 91% year-on-year increase in net profit to ₹32 crore for Q4 FY26. This growth was powered by a 12.6% rise in revenue to ₹326.8 crore, thanks to more flight and bus bookings. The company also noted it gained market share despite external challenges.

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Le Travenues Technology Limited, which operates the online travel portal ixigo, announced strong financial results for the fourth quarter of fiscal year 2026. Consolidated net profit jumped 91% to ₹32 crore, up from ₹16.7 crore in the same period last year. Total revenue climbed 12.6% year-on-year to ₹326.8 crore, boosted by higher numbers of flight and bus bookings.

Overcoming Market Hurdles

Despite facing challenges like a tough comparison from last year's Maha Kumbh event and the Middle East crisis, ixigo maintained its growth momentum. The company reported continued market share gains during the quarter, highlighting the strength of its business model and operational performance.

Strategic AI Integration

Looking forward, ixigo's leadership plans to focus on integrating artificial intelligence across its operations. Group CEO Aloke Bajpai and Group Co-CEO Rajnish Kumar detailed a strategy aimed at improving business processes and customer experiences through AI, which they believe will further strengthen the company's market position and drive future expansion.

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