IXIGO FY26 Revenue Up 34% to ₹1,228.04 Crore, Adj. EBITDA Rises 28%
IXIGO reported a 34% YoY revenue increase to ₹1,228.04 crore and a 28% rise in adjusted EBITDA for FY26. Q4 FY26 GTV reached ₹4,797.67 crore. The company focuses on AI integration, with AI agents resolving 81.52% of voice and 91.15% of chat queries. A conference call is scheduled for May 21, 2026, at 06:00 pm IST.
The strong financial results and strategic focus on AI indicate a positive outlook for the company's future performance and market position.
The announcement highlights strong financial performance with significant revenue and EBITDA growth, along with strategic initiatives in AI and partnerships.
Le Travenues Technology Limited (IXIGO) announced its financial results for the quarter and financial year ended March 31, 2026. The company achieved a revenue growth of 34% in FY26, reaching ₹1,228.04 crore, and an adjusted EBITDA growth of 28% year-over-year. In Q4 FY26, IXIGO sustained its growth trajectory, gaining market share despite the high base effect of MahaKumbh in the previous year and the Middle-East crisis. The company's focus is now on reinventing its organization and customer experience by integrating AI at its core. The company's AI strategy includes agentic AI-enabled efficiency, AI-optimized dynamic pricing, and AI-driven cross-sell and up-sell. The company has seen 81.52% voice and 91.15% chats resolved by autonomous AI agents. Annualized Revenue per Employee is approximately ₹2 crore, increasing YOY with operating leverage.
Aloke Bajpai, Chairman, Managing Director & Group CEO, stated that FY26 demonstrated the advantage of having a diversified business supported by resilient growth engines. Rajnish Kumar, Director & Group Co-Chief Executive Officer, highlighted the company's operating discipline and cash conversion as key achievements of the year.
Key financial highlights for Q4 FY26 include a GTV of ₹4,797.67 crore, revenue from operations of ₹308.05 crore, a contribution margin of ₹121.352 crore, and adjusted EBITDA of ₹30.329 crore. For FY26, the GTV stood at ₹18,692.684 crore, revenue from operations at ₹1,228.039 crore, contribution margin at ₹474.300 crore, and adjusted EBITDA at ₹120.947 crore. The company has established market leadership in online travel, with the fastest growth and increasing market share across all business lines. IXIGO has partnered with Swiggy to offer on-train food delivery from 40,000+ restaurants across 160+ stations and has partnered with KSRTC to expand digital access to government bus services across Karnataka and beyond. IXIGO will host a conference call for analysts and investors on May 21, 2026, at 06:00 pm (IST) to discuss the financial results.
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