ixigo Launches Tricolour Travel Sale with Up to 15% Discounts on Flights and Hotels
Le Travenues Technology (IXIGO) announces Tricolour Travel Sale from August 8-12, 2025, offering 12% off on flights and hotels with coupon code 'FREEDOM'. Additional discounts available through bank partnerships. The company reports a 25-30% year-on-year increase in flight bookings for the Independence Day weekend. Popular destinations include Dehradun, Port Blair, Goa, and Coimbatore. CEO Aloke Bajpai notes the sale aims to provide budget-friendly options for the four-day weekend.
21Jul 25
Schroder Group Crosses 5% Stake in Le Travenues Technology, Becomes Substantial Shareholder
Schroder Investment Management and associated entities have increased their stake in Le Travenues Technology (IXIGO) from 4.92% to 5.18% through open market purchases. Schroder International Selection Fund Asian Total Return acquired a 0.43% stake, while other Schroder funds collectively purchased a 0.26% stake. The total equity share capital of IXIGO is 390,403,607 shares. Schroder has filed necessary disclosures with stock exchanges as per SEBI regulations.
21Jul 25
Schroder Group Increases Stake in Le Travenues Technology, Crosses 5% Threshold
Schroder Investment Management and associated entities have increased their shareholding in Le Travenues Technology (IXIGO) from 4.92% to 5.18% through open market purchases. The acquisition involved 1,658,750 shares by Schroder International Selection Fund Asian Total Return and 1,000,000 shares by other Schroder funds. Le Travenues Technology has a total equity share capital of 390,403,607 shares and is dual-listed on NSE and BSE. Schroder Investment Management has submitted the required disclosure forms to BSE in compliance with SEBI regulations.
Le Travenues Technology (IXIGO), an Indian travel technology company, reported impressive Q1 FY26 results with a 73% year-over-year revenue growth to Rs 314.50 crore and a 27% increase in net profit to Rs 19.00 crore. The company claims a 60% market share in online train bookings and holds strong positions in flight and bus bookings. CEO Aloke Bajpai attributes this success to a decade-long strategy focusing on India's underserved market. The stock initially surged 19% before declining 6% to Rs 201.70. The company has been engaging with various analysts and investors, indicating growing interest in its business model.
Le Travenues Technology (IXIGO), an Indian OTA, reported strong Q1 results with a 73% year-over-year revenue increase to ₹314.40 crore. Net profit grew by 27.7% to ₹18.90 crore, while EBITDA rose 53.4%. The company saw significant growth across flight, bus, and train segments, with flight revenue up 148% year-over-year. IXIGO also reported operational improvements, including increased Monthly Active Users and enhanced AI-driven customer support. The company introduced new features like Visa Rejection Protection and expanded its strategic partnerships. Following the results announcement, IXIGO's stock reached a post-listing high of ₹199.95, up 12%.
Le Travenues Technology (IXIGO) reported robust Q1 FY26 results. Revenue from operations increased 73% YoY to ₹314.50 crore. Gross Transaction Value rose 55% to ₹4,644.70 crore. Profit before share of loss of an associate, exceptional items, and tax grew 76% to ₹28.70 crore. EBITDA increased 69% to ₹32.50 crore. Flight & Bus GTV each grew 81%, while Train GTV increased 30%. The company introduced new features like Visa Rejection Protection and ixigo credit. AI initiatives include TARA Voice, which resolves over 60% of customer calls. Ixigo remains focused on expanding in Tier II/III markets and leveraging AI for growth.
16Jul 25
Le Travenues Technology Ltd (Ixigo): Q1 Profit Soars 27.7%, Revenue Up 74.2%
Le Travenues Technology (IXIGO) announced robust Q1 financial results, with revenue from operations increasing 74.2% year-over-year to ₹314.40 crore. Net profit grew 27.7% to ₹18.90 crore, while EBITDA expanded 53.1% to ₹25.50 crore. The company's Gross Transaction Value (GTV) reached ₹4,644.70 crore, a 55% year-over-year increase. IXIGO saw growth across its flights, buses, and train booking segments, and continues to focus on AI-driven innovations and product enhancements.
14May 25
LE TRAVENUES TECH Reports Robust Q4 Performance with Significant Revenue and Profit Growth
LE TRAVENUES TECH announced impressive Q4 financial results, showcasing significant year-over-year growth. Revenue surged by 69.70% to 2.80B rupees, while net profit increased by 85.56% to 167.00M rupees. EBITDA rose by 58.97% to 248.00M rupees. However, the EBITDA margin slightly decreased by 0.73 percentage points to 8.73%.