INSUBCONTINENT EXCLUSIVE:
Shares of Le Travenues Technology (Ixigo) rose 14.27% to hit a 52-week high of Rs 209 on NSE on Thursday after the business published strong
Q1FY26 results.Revenue from operations increased 73% year-on-year (YoY) to Rs 314.5 crore, while net profit increased 27% YoY to Rs 19 crore
Gross transaction worth (GTV) for the quarter stood at Rs 4,644.7 crore, up 55% YoY, driven by an 81% increase in flight and bus GTV and a
30% boost in train GTV.EBITDA increased 69% YoY to Rs 32.5 crore
Adjusted EBITDA (EBITDA plus ESOP expenditures less other income) grew 54% to Rs 31.4 crore from Rs 20.3 crore a year ago.Also Read: 9
underestimated mid-cap stocks with upside capacity of as much as 23%Rajnish Kumar, Group Co-CEO of ixigo, and Aloke Bajpai, Group CEO of
ixigo, stated the company continues to witness quick growth and has attained brand-new all-time highs
They associated the development in classifications such as buses and flights to a customer-centric method, the ability to cross-sell and
up-sell to a captive user base, AI-driven efficiencies, and improved brand awareness.Live EventsSaurabh Devendra Singh, Group CFO of ixigo,
said the very first quarter of FY26 was another strong duration, delivering record revenue and revenues throughout all essential
verticals.The 54% increase in adjusted EBITDA and 76% growth in PBT (excluding extraordinary items) demonstrate the strength of our
operating design and disciplined execution
We stay dedicated to driving sustainable development, he added.The business said it crossed 10,000 daily meal shipment via Zoop, with over
20 lakh meals served across 200+ stations considering that October 2024
ixigos bus business, AbhiBus, partnered with international travel platform CheckMyBus to expand the reach of its bus stock to global
travellers.The business added that its bus and train sectors continue to get traction
In Q1 FY26, train bookings by Gen Z tourists (aged 1830) rose 45% year-on-year, with Mumbai, Delhi, Kolkata, Visakhapatnam, and Pune
emerging as the fastest-growing markets
Bus reservations from this friend rose 56% YoY, led by Indore, Lucknow, and Nagpur.Train bookings by solo female visitors grew 123% YoY
ixigo said it is deepening financial investment in agentic AI and automation to drive scalable, customer-first innovation.Key AI-led efforts
for the quarter consisted of voice-based customer assistance, enhanced AI-driven personalisation, and expanded bundled offerings like travel
insurance coverage and visa rejection defense
ixigo also noted that its Q1 flash sales for flights and hotels were powered by AI-generated videos and creatives, cutting production
expenses to just 0.1% of traditional budgets.Also Read: SBI, Federal Bank among 11 banks that saw NPA improvement in Q4(Disclaimer:
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