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Le Travenues Technology (IXIGO) investor relations material
Le Travenues Technology Q2 25/26 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q2 25/26 earnings summary29 Oct, 2025
Executive summary
Raised INR 1,296 crore via preferential issuance to strengthen the balance sheet, accelerate AI-led growth, and invest in the hotel OTA segment, with Prosus as a key incoming investor.
Achieved robust year-over-year growth in revenue, GTV, and user engagement, with buses and flights leading expansion and trains maintaining market leadership.
Maintained disciplined capital allocation, focusing on long-term product, tech, and AI investments, and avoiding price wars or excessive discounting.
Unaudited consolidated and standalone financial results for the quarter and half year ended September 30, 2025, were approved and released, with a limited review by statutory auditors confirming no material misstatements.
Demonstrated resilience and agility amid market headwinds, delivering profitable growth across all business lines.
Financial highlights
Revenue from operations for Q2 FY26 was INR 2,827.41 million, up from INR 2,064.70 million in Q2 FY25; H1 FY26 revenue grew 37% YoY to INR 5,972.13 million.
Gross transaction value (GTV) for H1 FY26 was INR 89,921.55 million, up 38% YoY.
Adjusted EBITDA for H1 FY26 at INR 598.29 million, up 44.88% YoY; Q2 adjusted EBITDA at INR 284.76 million.
Operating cash flow for H1 FY26 at INR 915.46 million, up 30% YoY.
Consolidated net profit for H1 FY26 was INR 279.41 million, compared to INR 602.52 million in H1 FY25.
Outlook and guidance
Expectation to continue growing significantly faster than the market, especially as supply constraints in flights and trains ease.
Management remains optimistic about long-term growth, supported by a strengthened balance sheet and continued investment in AI and new market expansion.
Subsequent to the reporting period, a Share Subscription Agreement was signed for a preferential allotment of up to 46,270,092 equity shares at INR 280 per share, aggregating to INR 12,955.63 million, subject to shareholder approval.
What drove Q2 2025 consolidated loss?
What caused Q2 2025 segment revenue decline?
What is the new preferential share issue for?
Why allocate fundraise to working capital?
How will agentic AI transform travel booking?
What is the Q3 outlook for flight and train supply?
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Next Le Travenues Technology earnings date
Q3 25/2627 Jan, 2026
Next Le Travenues Technology earnings date
Q3 25/2627 Jan, 2026
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Frequently asked questions
Le Travenues Technology Limited, operating under the brand ixigo, is an India-based technology company specializing in travel and mobility solutions. The company provides an online platform and mobile applications for travel bookings, including flights, trains, buses, and hotels. It offers AI-driven travel recommendations, fare predictions, and real-time travel updates to enhance user experience. ixigo primarily serves individual travelers by aggregating travel services and providing price comparisons across multiple providers. The company is headquartered in Gurugram, India, and its shares are listed on the NSE and BSE.
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