Ixigo Q2 results: Online travel platform swings to profit at ₹61 crore; revenue rises 13%

Le Travenues Technology, the parent company of online travel platform Ixigo, reported a consolidated net profit of ₹61.3 crore for the September quarter, compared with a net loss of ₹3.2 crore in the year-ago period.

Revenue from operations rose 12.9% year-on-year to ₹321 crore in Q2FY27, compared with ₹284.2 crore in the corresponding quarter last year.

Earnings before interest, tax, depreciation and amortisation (EBITDA) stood at ₹18.1 crore, compared with an EBITDA loss of ₹3.7 crore a year earlier.

Among its business segments, train revenue rose to ₹149.14 crore in Q2FY27 from ₹128.11 crore a year earlier, while bus revenue increased to ₹81.04 crore from ₹65.41 crore. Flight revenue, however, declined to ₹82.66 crore from ₹89.39 crore.

The company also reported an exceptional gain of ₹40.66 crore following the reduction of its stake in Freshbus Private Limited, which ceased to be an associate in August 2026.

For the first half of FY27, revenue from operations increased to ₹677.71 crore from ₹600.28 crore in the year-ago period, while consolidated net profit rose to ₹97.66 crore from ₹15.48 crore.

Shares of the Le Travenues Technology closed nearly 6% higher at ₹145.98 on Friday ahead of the results announcement. The stock has fallen more than 39% so far in 2026 and 56% over the last 12 months.

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