Le Travenues Technology (IXIGO)
323.70
+3.90(+1.22%)
Market Cap₹12,637.36 Cr
PE Ratio217.62
Company Performance:
1D+1.22%
1M+17.54%
6M+118.88%
1Y+120.49%
5Y+75.11%
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More news about Le Travenues Technology (IXIGO)
22Sept 25
Schroders Group Boosts Stake in Le Travenues Technology by Over 2%
Schroders Group has significantly increased its shareholding in Le Travenues Technology, the parent company of ixigo, through open market transactions on September 18, 2025. The acquisition, managed by Schroders Investment Management (Hong Kong) Limited, increased Schroders' stake by over 2% from its last disclosed position. This move triggered regulatory disclosures under SEBI regulations, with filings made to both BSE and NSE on September 22, 2025. Schroders Group is not part of the promoter group of Le Travenues Technology.
19Sept 25
Ixigo Shares Surge 3% as Jefferies' Chris Wood Adds Stock to India Portfolio
Le Travenues Technology (IXIGO), operator of travel platform Ixigo, saw its shares rise over 3% to Rs 282.00 after Christopher Wood, Jefferies' Global Head of Equity Strategy, added it to his India long-only portfolio with a 4% weight. Ixigo's market cap is Rs 10,883.00 crore, with an 88% 1-year return. The company's Q1 FY2026 results show a 28.50% YoY increase in consolidated net profit to Rs 19.00 crore and a 74.00% YoY revenue growth to Rs 321.00 crore. Ixigo recently held an investor meeting with Awriga Capital Advisors LLP, discussing no unpublished price-sensitive information.
16Sept 25
Ixigo Teams Up with Cred to Elevate Flight Booking Experience for New Credit Card Users
Ixigo, a travel platform, has formed a strategic partnership with Cred to improve the flight booking experience for users of the new Cred IndusInd Bank RuPay Credit Card. The collaboration aims to offer streamlined booking processes and special benefits to cardholders. This alliance combines Ixigo's travel expertise with Cred's fintech innovation, focusing on enhancing customer experience through improved accessibility and integrated services.
12Sept 25
ixigo Launches QR-Based Metro Ticket Booking in Partnership with Delhi Metro and ONDC
Le Travenues Technology's ixigo has partnered with Delhi Metro Rail Corporation and Open Network for Digital Commerce to introduce QR-based metro ticket booking on its ixigo Trains app. The integration allows users to plan and book end-to-end journeys across multiple transportation modes on a single platform. ixigo is offering 100% cashback (up to ₹50) for first-time users booking Delhi Metro tickets between 9-11 AM daily. This collaboration aims to provide a seamless travel experience, reduce queuing time, and contribute to building a unified mobility layer for India.
08Aug 25
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.
18Jul 25
Ixigo's Q1 FY26 Success: Strong Financial Performance Amid Market Volatility
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.
17Jul 25
Le Travenues Technology Ltd: Ixigo's Q1 Results Drive 12% Stock Surge
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%.
16Jul 25
Ixigo Reports Strong Q1 FY26 Results: Revenue Surges 73% YoY, Profit Up 76%
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%.
1 Year Returns:+120.49%
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