Shares of Le Travenues Technology, the parent company of travel platform ixigo, surged nearly 6% following the announcement of its Q4 FY26 financial results. The company reported a 91% year-on-year increase in consolidated net profit to ₹32.1 crore, up from ₹16.8 crore in the same quarter last year, according to inc42.com. This strong performance boosted investor confidence, pushing the stock to an intraday high of ₹173.5 on the BSE.
The profit growth was driven by a 9% year-on-year rise in operating revenue to ₹308 crore, despite a 4% sequential decline from the previous quarter. Total income, including other income of ₹18.8 crore, reached ₹326.8 crore. However, total expenses also increased 36% year-on-year to ₹288.6 crore. Adjusted EBITDA grew 4% year-on-year to ₹30.3 crore. Gross transaction value (GTV) rose 12% year-on-year to ₹8,278.9 crore, with train GTV increasing 8% to ₹4,112 crore. For the full fiscal year, ixigo’s profit climbed 19% to ₹71.5 crore, while operating revenue surged 34% to ₹1,228 crore.
This financial performance highlights ixigo’s resilience in a competitive travel market, where domestic travel demand remains robust despite international travel challenges linked to geopolitical tensions in the Middle East. The company’s 46% year-on-year growth in GTV and 71% jump in adjusted EBITDA underscore its expanding footprint and operational efficiency in the travel technology sector.
Looking ahead, ixigo’s management noted sustained domestic travel demand, although international travel continues to face headwinds. Investors will be watching how the company navigates these dynamics and leverages its strong contribution margin of ₹619 crore to sustain growth and profitability in the coming quarters.