ixigo Q4 profit doubles to ₹32 Cr; stock rallies 6%
Le Travenues Technology's ixigo posted ₹32.1 Cr Q4 FY26 net profit, up 91% YoY, on ₹308 Cr revenue (+9%). FY26 profit hit ₹71.5 Cr with GTV at ₹30,974 Cr (+46%). Bus revenue led growth at +22%, trains dipped 2% on Railways policy shifts. JM Financial sets ₹200 target as management bets on AI, hotels and regional bus expansion.
What happened
ixigo's Q4 FY26 net profit doubled YoY to ₹32 Cr on 9% revenue growth, lifting shares 6%. Bus segment led growth at +22%, while trains dipped on Railways policy
Key facts
- Q4 FY26 net profit ₹32.1 Cr (+91% YoY)
- Q4 revenue ₹308 Cr (+9% YoY)
- Q4 GTV ₹8,278.9 Cr (+12% YoY)
- FY26 profit ₹71.5 Cr (+19%)
- FY26 revenue ₹1,228 Cr (+34%)
- FY26 GTV ₹30,974 Cr (+46%)
- FY26 adjusted EBITDA ₹129 Cr (+71%)
- stock up 6% to ₹173.5
- market cap ₹7,462.2 Cr
- bus revenue ₹80.4 Cr (+22%)
- flight revenue ₹95.7 Cr (+9%)
- train revenue ₹124.4 Cr (-2%)
- JM Financial target ₹200
Why this matters
With GTV up 46% to ₹30,974 Cr and stated bets on hotels and regional bus, ixigo is a credible consolidator or acquisition target in India's fragmented OTA stack.
Also reported by
- Inc42 — Same time