Ixigo Posts 63 Crore Rupee Profit in September Quarter

what happened

According to TradingView, ixigo, which operates through Le Travenues Technology, reported consolidated net profit of Rs 63.42 crore for the September quarter. A year earlier the company had lost Rs 3.46 crore. A partial sale of its Freshbus holding and strong hotel demand supported the result.

Revenue climbed 13% to Rs 320.96 crore in the second quarter of FY27, while total expenses reached Rs 309.51 crore. Gross transaction value rose 22% to Rs 5,304 crore. Hotels were the fastest-growing segment, with GTV up 159% to Rs 111.34 crore, and this was the first quarter the company reported hotels separately.

Management called it the highest quarterly profit after tax in the company's history and said investment in hotels and artificial intelligence will continue as core growth drivers.

why it matters

For broader markets this is a story about one Indian online travel firm, so the sector impact is limited. Investors should note that part of the profit came from a one-off stake sale rather than core operations, which changes how the earnings trend should be read.

tags

instruments