Ixigo Q1 FY27 profit jumps 81% to ₹34.24 Cr. ixigo Q1 FY27 profit rose 81% to ₹34.24 Cr, while GTV grew 19% to ₹5,524 Cr. Bus and hotels led growth as the company expanded its AI push. Travel technology company ixigo reported a strong first quarter of FY27, with consolidated profit after tax (PAT) rising 81% year-on-year to ₹34.24 crore. The company also recorded its highest-ever quarterly Gross Transaction Value (GTV) of ₹5,524.33 crore, up 19% from the year-ago period. Revenue from operations increased 13% YoY to ₹356.75 crore, while contribution margin rose 13% to ₹144.94 crore. The results come against a challenging travel environment, marked by higher airfares, capacity constraints and uncertainty in international aviation. Despite these pressures, ixigo said it continued to gain market share across key travel segments. Quick summary. The June quarter marked another period of growth for ixigo, with the company benefiting from strong performance in buses and flights while making significant investments in hotels and artificial intelligence. The company's GTV increased from ₹4,644.66 crore in Q1 FY26 to ₹5,524.33 crore in Q1 FY27. Revenue from operations climbed from ₹316.05 crore to ₹356.75 crore. PAT more sharply increased from ₹18.94 crore to ₹34.24 crore, representing an 81% YoY jump. Financial highlights. The reported EBITDA margin, based on total income, increased to 14% in Q1 FY27 from 10% in the year-ago quarter. However, adjusted EBITDA declined 7% to ₹29.24 crore, reflecting higher investments in hotels, technology, AI and brand building. Hotels emerge as ixigo's next growth engine. Hotels are becoming an increasingly important part of ixigo's strategy. The company recorded 0.5 million "heads on beds" during Q1 FY27 and described hotels as its fastest-growing business line by GTV. ixigo also acquired a 54.66% majority stake in Brevistay, a flexible-stay hotel network. The transaction is aimed at strengthening ixigo's presence in short-stay and flexible accommodation. Its direct hotel contracting network has expanded to more than 10,000 properties across 700 towns in India, while the overall supply base has crossed 70,000 properties in India and more than one million globally. ixigo's AI strategy takes centre stage. AI remains a major part of ixigo's long-term strategy. The company's AI assistant TARA resolved 81% of voice queries and 92% of chat queries through autonomous AI agents in Q1 FY27. ixigo is also developing ixigo NEXT, an AI-native version of its travel application designed around context-aware, predictive and personalised travel assistance. Customer base continues to expand. ixigo reported 8.54 crore monthly active users in Q1 FY27, up from 8.41 crore in Q1 FY26. The company has also built significant penetration outside India's largest cities, with operations reaching more than 2,400 towns. As of June 30, 2026, ixigo reported 56.94 crore lifetime transacted users and 39.57 crore lifetime registered users. Management commentary. Aloke Bajpai, Chairman, Managing Director and Group CEO, said ixigo continued to gain market share despite a challenging macro environment. He highlighted the ₹5,524 crore quarterly GTV, record revenue and PAT, while calling the bus business the quarter's standout performer. Management also pointed to the Brevistay acquisition and the expansion of direct hotel supply as important steps towards building hotels into a larger business. Rajnish Kumar, Director and Group Co-CEO, said the company expects some volatility until the Iran conflict is fully resolved, but is using the period to strengthen its core businesses, expand market share, invest in hotels and build an AI-native travel platform. Why this matters for investors. The Q1 FY27 numbers show that ixigo is growing beyond its traditional train-booking identity. The strongest signal is the diversification of the business. Flights are now the largest vertical by GTV, buses are generating strong growth and contribution margins, while hotels are being built as the next major growth engine. At the same time, the company is investing heavily in AI to improve customer service and operating efficiency. The trade-off is clear: ixigo is using some of the operating leverage from its mature businesses to fund its next growth phase. That could pressure adjusted EBITDA in the short term, but could also create a broader and more diversified travel platform if the investments deliver the expected returns. Future outlook. Management remains cautious about the near-term aviation environment but constructive about India's longer-term travel opportunity. The company expects rising incomes, greater connectivity and the shift from rail and buses to air travel on longer routes to support structural growth. It also sees a significant opportunity in business and SME travel, where GST-linked bookings indicate existing usage among traders, merchants and small-business owners. For ixigo, the next phase will therefore depend on three things: sustaining market-share gains, scaling hotels and converting AI investments into better customer experience and operating efficiency. FAQs. What was ixigo's Q1 FY27 profit? ixigo reported a consolidated PAT of ₹34.24 crore in Q1 FY27, up 81% from ₹18.94 crore in Q1 FY26. What was ixigo's Q1 FY27 revenue? Revenue from operations rose 13% YoY to ₹356.75 crore from ₹316.05 crore. Which ixigo business grew the fastest? The bus business recorded 39% YoY GTV growth, while hotels emerged as the company's fastest-growing business line by GTV. What happened to ixigo's EBITDA in Q1 FY27? Reported EBITDA increased 65% YoY to ₹53.52 crore, while adjusted EBITDA declined 7% to ₹29.24 crore. What is ixigo's AI strategy? ixigo is using AI across customer support, pricing, revenue management, search, recommendations and its AI-native ixigo NEXT platform. TARA resolved 81% of voice queries and 92% of chat queries through autonomous AI agents in Q1 FY27.

Le Travenues Technology has fully utilised funds from its initial public offering, according to monitoring agency ICRA's final report. All objectives outlined in the offer document have been met. The online travel aggregator raised ₹1,295.56 crore through a preferential issue. As of 30 June 2026, ₹749.94 crore has been deployed, leaving ₹545.62 crore unutilised. The remaining funds are held in fixed deposits (₹500 crore) and mutual funds (₹45.62 crore). However, monitoring agency CARE Ratings noted limitations in verifying ₹41.53 crore related to customer inducements and promotional discounts, relying instead on management and statutory auditor certificates. The company has made strategic investments including a 62% stake in Zoop Web Services and a 10.34% stake in Ofintelligence Technologies.

ixigo: Q1 FY27 revenue jumps 13%, GTV surges 19%. on August 6, 2026 ixigo: Q1 FY27 revenue grows 13% to ₹356.75 crore amid strategic investments. Discover more Investment decision support Company financial results Market regulatory disclosures Le Travenues Technology Limited (ixigo) announced its unaudited financial results for the first quarter of Fiscal Year 2027 (Q1 FY27), ending June 30, 2026. Revenue from operations saw a 13% year-on-year growth, reaching ₹356.75 crore. The company highlighted strategic investments in new verticals like Hotels and AI platforms, impacting short-term EBITDA but positioning for long-term growth. ixigo reports strong Q1 FY27 performance. Le Travenues Technology Limited (ixigo) has released its financial results for the quarter ended June 30, 2026. The company reported a Gross Transaction Value (GTV) of ₹5,524.33 crore, marking a 19% year-on-year growth. Revenue from operations increased by 13% year-on-year to ₹356.75 crore. The Contribution Margin also grew by 13% year-on-year to ₹144.94 crore. Strategic investments drive growth. In Q1 FY27, ixigo's Adjusted EBITDA stood at ₹29.24 crore, a decrease of 7% year-on-year, attributed to strategic investments in the Hotels business and the development of its AI-native platform, ixigo NEXT. Profit Before Tax was ₹48.14 crore, up from ₹28.66 crore in the prior year. Profit After Tax reached an all-time high of ₹34.24 crore, an 81% increase year-on-year. Key business segment updates. The company continues to focus on expanding its presence in various travel verticals. The Bus business showed strong growth, driven by product innovation and expanded distribution. While the Trains business faced category-wide volume pressures, ixigo maintained its market share and focused on preserving margins. The Hotels business is experiencing significant investment, with plans to scale rapidly following the acquisition of a 54.66% stake in Brevistay. AI and future outlook. ixigo is heavily investing in Artificial Intelligence, particularly with its ixigo NEXT platform, aiming to enhance customer experience and operational efficiency. The company is exploring AI-driven solutions for dynamic pricing, route planning, and customer support. Looking ahead, ixigo remains focused on sustained growth across its platforms, aiming to solidify its position as a leading travel technology company in India. on August 6, 2026 Raymond lifestyle: investor conference rescheduled to August 13. Discover more Indian stock market NSE BSE tracking Stock market analysis