Conference Call with LE Travenues Technology Management and Analysts on Q1FY26 Performance and Outlook. Listen to the full earnings transcript.
Travel Support Services company LE Travenues Technology announced Q1FY26 results Gross Transaction Value (GTV) is at Rs 4644.7 crore in Q1FY26, growing by 55% YoY. Flight & Bus GTV led the growth with 81% increase YoY while Train GTV grew 30% YoY for Q1FY26 vs Q1FY25. Revenue From Operations grew by 73% YoY in Q1FY26 to Rs 314.5 crore from Rs 181.9 crore in Q1FY25. Contribution Margin (CM) increased by 48% YoY, reaching Rs 128.1 crore in Q1FY26. EBITDA increased by 69% to Rs 32.5 crore for Q1FY26 as compared to the same period in the previous year. Adjusted EBITDA (EBITDA plus ESOP Expenses less Other Income) increased to Rs 31.4 crore for Q1FY26, an increase of 54% from Rs 20.3 crore in Q1FY25. Profit Before Tax, Share of Loss of Associates and Exceptional items is at Rs 28.7 crore in Q1FY26 as compared to Rs 16.3 crore in Q1FY25, recording an increase of 76% on a YoY basis. Rajnish Kumar, Group Co-CEO, ixigo and Aloke Bajpai, Group CEO, ixigo, said: “We continue to see rapid growth and have hit new all-time highs. Our outstanding growth in categories such as buses and flights stems from our unique playbook that combines a customer-centric approach, ability to cross-sell and up-sell to our captive user-base, our tech-centric DNA, AI-driven efficiency, and enhanced brand awareness.” Saurabh Devendra Singh, Group CFO, ixigo, said: “Q1FY26 is another strong quarter, with record revenue and profits across all our key verticals. The 54% increase in adjusted EBITDA and 76% growth in PBT (excluding exceptional items) demonstrate the strength of our operating model and disciplined execution. We remain committed to driving sustainable growth.” Result PDF