ixigo reports strong Q2 FY26 growth, boosts revenue and GTV

Le Travenues Technology Limited announced strong financial results for Q2 FY26 and H1 FY26. Gross Transaction Value (GTV) reached INR 4347.5 Cr, a 23% year-over-year (YoY) increase. Revenue from Operations grew 37% YoY to INR 282.7 Cr, while Adjusted EBITDA rose 36% YoY to INR 28.5 Cr. The company's H1 FY26 Cashflow from Operations stood at INR 91.5 Cr, up 30% YoY. Profit Before Tax for Q2 FY26 was INR (2.5) Cr, including a one-off ESOP expense of INR 26.9 Cr. Excluding this expense, PBT would have been INR 24.4 Cr, a 26% YoY increase.

Growth was strong across segments, with Bus GTV up 51% YoY, Flight GTV up 29% YoY, and Train GTV increasing by 12% YoY for Q2 FY26 versus Q2 FY25. The company highlighted its position as India's leading OTA for Next Billion Users, with 544.35m annual active users for the year ended March 31, 2025. It also reported 80.22m Monthly Active Users for the three months ended September 30, 2025.

Recent strategic initiatives included a partnership with DMRC and ONDC for QR-based Delhi Metro ticketing, onboarding 7 new SRTCS for AbhiBus, and introducing AI Smart Filters for flights and an enhanced Train Alternates feature. The company also announced an investor presentation on its financial results for the quarter and half year ended September 30, 2025.