ixigo reports record ₹63.42 crore Q2 PAT as hotels GTV surges 159%
As filed · Le Travenues Technology Limited has informed the Exchange regarding Media Release - Financial Results for the quarter and half year ended September 30, 2026".
What happened
FactLe Travenues Technology reported Q2 FY27 GTV of ₹5,304.47 crore, up 22% year-on-year, while revenue from operations rose 13% to ₹320.96 crore. PAT reached an all-time high of ₹63.42 crore, aided by a partial sale of its stake in Freshbus; hotels GTV grew 159% year-on-year to ₹111.34 crore.
Why it matters
CapitSignal interpretationReported results are the point at which prior management commitments become checkable against audited or reviewed numbers.
What management said before
Prior statements by this company that CapitSignal has recorded changing.
Margins
RevisedContribution margin grew to 144.94 crores, up 13%, with contribution margin percentage at 40.6% against 40.5% last year.
Adjusted EBITDA, excluding other income and ESOP costs, was INR 29.24 crores, compared to INR 31.34 crores, a decline of 7%.
Change
FactImplication
CapitSignal interpretationWatch next
Fact- Margin trend against the prior period
- Cash from operations against reported profit
- Whether prior guidance is reaffirmed
- We are closer to product market fit on hotels than ever before and we are investing for growth and customer ex (management committed by FY27)
- We are using uncertain times to strengthen our core, build market share, invest in hotels and build an AI-nati (management committed by FY27)
Evidence
- Le Travenues Technology Limited has informed the Exchange regarding Media Release - Financial Results for the quarter and half year ended September 30, 2026".(opens the original filing in a new tab)
- Earlier statement · Q1 FY27
- Latest statement · Q1 FY27
- Earlier statement · Q1 FY27
How CapitSignal classified this
- Reasoning:
- The company sustained double-digit GTV, revenue and contribution-margin growth, while hotels emerged as a fast-growing new disclosed business line. However, adjusted EBITDA declined year-on-year and the record PAT was aided by a stake sale.
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 90%