Ixigo’s shares surged 14.9% to an intraday high of ₹165.99 on the National Stock Exchange on Monday, October 19, after the company announced its July‑September quarter results for FY27. The operator of LE Travenues Technology posted a consolidated net profit of ₹61.25 crore, a turnaround from a year‑on‑year loss of ₹3.17 crore in the September quarter of FY26. Sequentially, profit jumped 88.46% QoQ from ₹32.50 crore, reflecting the company’s diversified multimodal travel business and a partial sale of its Freshbus stake from 25.66% to 8.27% during the quarter.

Consolidated revenue from operations rose 12.9% YoY to ₹320.96 crore in the quarter ended September 30, 2026, up from ₹284.23 crore in the corresponding quarter of the preceding fiscal year. Gross transaction value (GTV) reached ₹5,304.47 crore, a 22% YoY increase from ₹4,347.50 crore in Q2 FY26. GTV represents the total amount paid, including taxes, fees and service charges, by users for OTA services and products booked through Ixigo during the period.

Adjusted EBITDA fell 17% YoY to ₹23.58 crore in Q2 FY27, down from ₹28.48 crore in the year‑ago period, while contribution margin rose 14% YoY to ₹124.86 crore from ₹109.5 crore. The hotel segment, disclosed as a separate line of business for the first time, grew GTV by more than 159% YoY and revenue by over 528%. It also achieved a gross intake rate above 12%, with more than 86% of bookings from Ixigo’s captive users and surpassed 5,000 hotel room nights per day, a 3.9x YoY growth.

Flight and bus businesses led the quarter with GTV growth of 37% and 32% YoY respectively. Ixigo expanded distribution by powering train bookings on Uber and added food delivery through Zoop and Swiggy to over 290 railway stations. Intercity bus demand growth was supported by higher airfares, limited train ticket availability, and investments in customer experience and deeper supply expansion. AbhiBus launched a Women Zone booking option for solo women travellers.

Group CEO Aloke Bajpai, Group Co‑CEO Rajnish Kumar and Group CFO Saurabh Devendra Singh highlighted resilient growth, noting quarterly GTV of ₹5,304 crore and revenue from operations of ₹321 crore. They added that the company is investing in Hotels and AI as key drivers of long‑term growth, with Hotels GTV growing 2.6x YoY to ₹111 crore and a gross take rate above 12%.

At 11:57 AM, the stock traded 8.73% higher at ₹157.07 per equity share. The scrip has gained 10% in the past week but lost 5% over the month, and has fallen nearly 35% YTD. Its 52‑week high was ₹339.15 on October 16, 2025, while a year’s low of ₹136.35 was recorded on October 15, 2026. As of October 19, 2026, LE Travenues Technology’s market capitalisation stood at ₹6,955.91 crore on the NSE.