le travenues technology (ixigo) has reported its audited financial results for the quarter and financial year ended March 31, 2026. The company delivered a strong performance in FY26, achieving robust growth across key financial metrics. Gross Transaction Value (GTV) grew 25% YoY to ₹18,692.7 Cr, while Revenue from Operations rose 34% YoY to ₹1,228 Cr. Adjusted EBITDA increased 28% YoY to ₹120.9 Cr, and Cash Flow from Operations surged 60% YoY to ₹195.7 Cr.

For the financial year ended March 31, 2026, the company reported a consolidated net profit of ₹714.81 million, a rise of 18.6% from ₹602.52 million in the previous year. Revenue from operations increased to ₹12,280.39 million from ₹9,142.46 million in FY25. Total income for the year stood at ₹12,753.46 million. The profit for the period attributable to equity holders of the parent was ₹721.33 million. The company recorded an exceptional item of ₹27.96 million during the year related to the implementation of new Labour Codes.

Q4 Financial Performance

In the quarter ended March 31, 2026, the consolidated net profit rose to ₹321 million from ₹168 million in the same quarter of the previous year, while revenue grew to ₹3.08 billion from ₹2.84 billion. EBITDA for the quarter increased to ₹303 million from ₹291 million year-on-year. Total expenses for the quarter were ₹2,885.53 million, and basic earnings per share for the quarter stood at ₹0.72.

The key quarterly metrics are summarised below:

Segment Performance

The company operates across segments including Flight, Train, Bus, and Others. For the year ended March 31, 2026, the Train segment generated the highest revenue at ₹5,112.57 million, followed by Flight at ₹3,906.78 million and Bus at ₹2,979.95 million. The Train segment also reported the highest segment result at ₹1,555.13 million. Flights emerged as the largest business by GTV in Q4 FY26, crossing ₹2,018 Cr.

Capital Allocation and Allotment

During the year, the company completed a preferential issue of 46,270,092 equity shares at an issue price of ₹280 per share, aggregating to ₹12,955.63 million. The proceeds were utilized for organic and inorganic growth opportunities, working capital, and general corporate purposes. Additionally, the board approved the allotment of 485,584 fully paid-up equity shares following the exercise of stock options under various employee schemes. Consequently, the paid-up share capital increased to ₹438,669,111. The auditors, S.R. Batliboi & Associates LLP, issued an unmodified opinion on the financial results.

Le Travenues Technology Limited has approved the grant of 32,708 employee stock options under its ESOS 2016 and ESOS 2021 schemes. The decision was taken by the company's Nomination and Remuneration Committee during its meeting held on May 21, 2026.

The options have been granted at an exercise price of ₹93 per share. Upon vesting and exercise, these options will be converted into an equivalent number of equity shares on a pari passu basis with the existing equity shares of the company.

Breakdown of Options Granted

The allocation of options across the two schemes is detailed below:

The options granted will vest over a period of four years in equal annual instalments of 25% each. The exercise period for the granted options shall be five years from the date of respective vesting of each option. In the event of resignation, vested options can be exercised within 365 days from the last working day with the company.

The company stated that the objectives of these schemes are to motivate and retain talented employees, attract appropriate human talent, and align the interests of employees with the long-term interests of the company. The initiative aims to achieve sustained growth and create shareholder value by fostering a sense of ownership among employees.