Ixigo shares surge 12% after Q1 results — Here's what worked for the company
Published on 17/07/2025 09:42 AM
Ixigo shares surge 12% after Q1 results — Here's what worked for the companyShares of Ixigo have hit a post-listing high of nearly ₹200 per share in response to their Q1 results, which were strong in comparison to the same quarter last year.By Mangalam Maloo | Hormaz Fatakia July 17, 2025, 9:42:51 AM IST (Published)2 Min ReadShares of Le Travenues Technology Ltd., parent company of travel aggregator Ixigo surged as much as 12% on Thursday, July 17, in response to the company's June quarter results.
For the June quarter, the company's revenue increased by 73% from last year to ₹314.4 crore, while its Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) grew by 53.4% on a year-on-year basis to ₹25.47 crore.
Net profit also increased by 27.7% from the year-ago period to ₹18.9 crore.
Newer verticals led the growth in Ixigo's business during the June quarter, while the flights and buses business continued to showcase a strong performance.
The company's flight business revenue increased by 148% from last year to ₹103.1 crore, while its EBIT also doubled year-on-year to ₹42.9 crore.
Train business for Ixigo saw revenue growth of 29.4% to ₹129.9 crore, while EBT margins saw a dip to 31.6% from 35.9% last year.
Buses business also saw growth of 93.4% last year to ₹76.6 crore, while EBIT increased by 43.5% from last year to ₹42.2 crore.
Gross Transaction Value (GVT) during the quarter stood at ₹4,467 crore, which is a growth of 55% from last year. The company's EBITDA on an adjusted basis increased by 51.4% year-on-year.
In earlier interactions with CNBC-TV18, the company had aspired to move market share from mid-single-digit range to double-digit range.
Shares of Ixigo or le Travenues Tech are trading 12% higher on Thursday at ₹199.95, which is a post-listing high for the stock.Continue ReadingCheck out our in-depth Market Coverage, Business News & get real-time Stock Market Updates on CNBC-TV18. Also, Watch our channels CNBC-TV18, CNBC Awaaz and CNBC Bajar Live on-the-go!TagsIxigoshare market today