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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.
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. 
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