Le Travenues Technology544192Online travel booking
Ixigo posted a record quarterly profit after tax of 61.3 crore rupees in Q2, boosted by hotel business growth and a partial stake sale in Fresh Bus
By ScoutQuest · · 1 min read
- Q2 profit after tax
- 61.3 crore rupees
- Fresh Bus stake sale gain
- 40 crore rupees
- GTV growth year on year
- 22 percent
- Contribution margin growth
- 14 percent
- Revenue growth Q2
- 13 percent
Heard on business television between 09:24:31 - 09:27:31 IST.
- Ixigo hit an all-time high PAT of 61.3 crore rupees in Q2 versus a loss of 3.2 crore rupees a year earlier, including about 40 crore rupees gained from partial sale of stake in Fresh Bus.
- Gross transaction value grew around 22% year-on-year, contribution margin grew 14% year-on-year, revenue grew 13%, and EBIT was 18.1 crore rupees positive versus a loss of 3.7 crore rupees a year earlier; EBIT margin was 5.6%.
- Group CEO Alok Bajpai said hotels GTV grew 159% with 111 crore rupees GTV contribution, now about 2.5% of revenue, while flights grew 8% on passengers and 37% on GTV despite high fares and Middle East crisis headwinds.
- He said flight revenue contribution is about 26% of revenue, buses 25.3%, and trains remain highest at 46% but declining share; the company still retains about 8% stake in Fresh Bus after the sale.
- He said hotels have an advantage via cross-selling to 86 million monthly active users, with 86% of hotel bookings from existing users, and expects the hotels vertical to turn contribution-margin positive within two to three years.
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Source: Live TV News Channel · 19 Oct 2026
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