Ixigo shares surged 14% today after the travel tech company posted strong results for Q1 FY26. The profit for the quarter ending June 30, 2025, jumped 28% year-on-year to ₹19 crore. This strong performance comes as travel demand across India continues to rise.
The company’s profit before tax (PBT) saw a big 46% increase, reaching ₹26.32 crore. This shows that Ixigo’s core business is not just growing — it’s becoming more efficient too.
At the same time, expenses also went up. Total spending rose 74% YoY to ₹292.77 crore. Employee costs alone were ₹52.37 crore, showing a 37.63% rise. But the gains clearly outpaced the costs.
Flight and Bus Segments Fuel Growth
Ixigo’s biggest jump came from its flight booking business, which grew 148.6% YoY to ₹103.19 crore in revenue. The bus segment was also on fire, with a 93.4% jump to ₹76.63 crore. Even the train booking side did well, rising 29.3% YoY to ₹129.92 crore.
All of this helped push Gross Transaction Value (GTV) up by 55% YoY to ₹4,644.7 crore. Flights and buses led the way, with an 81% YoY rise. Train GTV also increased by 30%.
Strong Operating Margins
EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) rose 69% YoY to ₹32.5 crore. The contribution margin also jumped 48% to ₹128.1 crore, proving Ixigo is running a solid business.
Group Co-CEO Rajnish Kumar and Group CEO Aloke Bajpai said the strong growth comes from a mix of AI, tech, and customer focus. “Our unique playbook is working. We’re seeing record growth in flights and buses,” they added.
CFO Saurabh Devendra Singh called Q1 FY26 a “record quarter” and said the 76% growth in PBT (excluding special items) proves the business model is working.
New Moves and Big Decisions
Ixigo’s board has approved the reappointment of Aloke Bajpai as Chairman, MD, and Group CEO. This is subject to approval at the upcoming AGM.
In another move, the company bought 11% more equity in Zoop Web Services, a key subsidiary, for ₹3.25 crore.
Ixigo: From 2006 to 2025
Started in 2006, Le Travenues Technology, known by its brand ixigo, is now a leading online travel platform. It helps users book trains, buses, flights, and even hotels.
After today’s Q1 results, Ixigo shares are riding high — and the company’s future looks even brighter.
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