ixigo Q1 FY27 Results: Revenue Up 13%, GTV Crosses ₹5,524 Crore
ixigo reported Q1 FY27 results with GTV at ₹5,524 crore (up 13% YoY) and revenue at ₹356.75 crore (up 13% YoY). Adjusted EBITDA surged 68% to ₹29.24 crore. The Bus business grew 39% in GTV. The company is focusing on AI integration and hotel business expansion. A conference call is scheduled for August 6, 2026.
The announcement contains detailed financial results for the quarter, including growth figures and strategic updates, which are material for investors.
The company reported positive financial results with growth in key metrics like GTV and revenue, along with a significant increase in Adjusted EBITDA. Strategic initiatives and business expansion were also highlighted positively.
Le Travenues Technology Limited (ixigo) announced its financial results for the quarter ended June 30, 2026 (Q1 FY27), reporting a 13% year-on-year increase in Gross Transaction Value (GTV) to ₹5,524 crore. Revenue from operations grew by 13% to ₹356.75 crore, while Adjusted EBITDA saw a significant increase of 68% to ₹29.24 crore.
The company highlighted strong performance across its segments, with the Bus business showing a 39% GTV growth year-on-year. The Hotels business also showed significant progress following the Brevistay acquisition, reaching critical mass in direct supply and room nights. Management expressed optimism about the long-term trajectory, despite ongoing global uncertainties.
ixigo is strategically investing in its hotels business and building an AI-native future. The company's AI strategy focuses on agentic AI for efficiency, AI-optimized dynamic pricing, and AI-driven cross-selling and upselling. The "Peace of Mind" stack, offering value-added services, continues to be a key differentiator. The company also announced that its presentation currency denomination changed from INR Millions to INR Crores effective April 1, 2026.
A conference call for analysts and investors is scheduled for Thursday, August 6, 2026, at 7:00 PM IST to discuss the Q1 FY27 financial results.
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