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
Travel Support Services company LE Travenues Technology announced Q4FY25 & FY25 results Q4FY25 Financial Highlights: Gross Transaction Value (GTV) crossed Rs 44,183.76 million in Q4FY25, growing by 65% YoY. Flight & Bus GTV each grew 92% YoY and Train GTV grew 41% YoY for Q4FY25 vs Q4FY24. Revenue From Operations grew by 72% YoY in Q4FY25 to Rs 2,841.37 million from Rs 1,648.52 million in Q4FY24. Contribution Margin (CM) increased by 69% YoY, reaching Rs 1,208.86 million in Q4FY25. EBITDA increased by 64% to Rs 307.09 million for Q4FY25 as compared to the same period in the previous year. Adjusted EBITDA (EBITDA plus ESOP Expenses less Other Income) increased to Rs 291.40 million for Q4FY25, an increase of 70% from Rs 171.32 million in Q4FY24. Profit Before Tax, Share of Loss of Associates and Exceptional items is at Rs 271.89 million in Q4FY25 as compared to Rs 156.37 million in Q4FY24, recording an increase of 74% on a YoY basis. Profit After Tax is at Rs 167.71 million in Q4FY25 compared to Rs 73.49 million in Q4FY24, recording an increase of 128% on a YoY basis. FY25 Financial Highlights: Revenue from Operations: Rs 6,45,020 million in FY25 vs. Rs 6,15,420 million in FY24 — up 5% EBITDA: Rs 144,680 million in FY25 vs. Rs 1,27,010 million in FY24 — up 14% PAT (Before Exceptional): Rs 51,970 million in FY25 vs. Rs 41,090 million in FY24 — up 26% Reported PAT: Rs 47,750 million in FY25 vs. Rs 42,800 million in FY24 — up 12% Rajnish Kumar, Group Co-CEO, ixigo and Aloke Bajpai, Group CEO, stated: “This has been our strongest quarter yet, driven by consistent quarter-on-quarter acceleration across all lines of business. Our outstanding growth in categories such as flights and buses stems from a unique playbook that combines a customer-centric approach, ability to cross-sell and up-sell to a unique captive user-base, a tech-centric DNA, AI-driven efficiency and enhanced brand awareness — all while maintaining healthy margins. We’re also seeing operating leverage kick in as demonstrated in our robust cash flow from operations amounting to Rs 122 crores in FY25.” Saurabh Devendra Singh, Group CFO, ixigo, added: “We went public in FY25 and this has become a defining year for our trajectory. This fiscal we achieved Rs 14972 crore in GTV, Rs 914 crore in Operating Revenue, and delivered a 71% YoY increase in Adj. EBITDA proving that scale and financial discipline need not be mutually exclusive” Result PDF