ixigo FY26 PAT rises 18.6% to ₹714.81M
Le Travenues Technology reported its audited financial results for the quarter and financial year ended March 31, 2026, showing robust growth across key metrics. Gross Transaction Value (GTV) grew 25% YoY to ₹18,692.7 Cr, while Revenue from Operations rose 34% YoY to ₹1,228 Cr. The company achieved a consolidated net profit of ₹714.81 million for FY26, an 18.6% increase from the previous year, with Adjusted EBITDA increasing 28% YoY to ₹120.9 Cr. In Q4 FY26, net profit rose to ₹321 million, and revenue grew to ₹3.08 billion, with the Train segment generating the highest revenue for the year. The company also completed a preferential issue of equity shares aggregating ₹12,955.63 million for growth opportunities.

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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:
| Metric: | Q4 FY26 | Q4 FY25 |
|---|---|---|
| Net Profit: | ₹321M | ₹168M |
| Revenue: | ₹3.08B | ₹2.84B |
| EBITDA: | ₹303M | ₹291M |
| EBITDA Margin: | 9.84% | 10.25% |
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.
| Segment: | Revenue FY26 (₹M) | Segment Result FY26 (₹M) |
|---|---|---|
| Flight: | 3,906.78 | 1,602.87 |
| Train: | 5,112.57 | 1,555.13 |
| Bus: | 2,979.95 | 1,531.63 |
| Others: | 281.09 | 53.37 |
| Total: | 12,280.39 | 4,743.00 |
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.
Historical Stock Returns for Le Travenues Technology (IXIGO)
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.09% | +20.64% | +10.49% | -26.88% | -2.00% | -1.01% |
How does ixigo plan to utilize the ₹12,955.63 million raised from the preferential issue to drive future inorganic growth?
Will the strong cash flow generation support increased shareholder returns through dividends or buybacks in FY27?
What strategies will ixigo employ to improve EBITDA margins for the Flight segment, which currently trails the Train and Bus segments?


































