ixigo Reports Record Q2 FY27 PAT of ₹63.42 Cr, Driven by Hotels and Stake Sale
ixigo reported an all-time high PAT of ₹63.42 crore for Q2 FY27. GTV grew 22% YoY to ₹5,304.47 crore, and Revenue from Operations rose 13% YoY to ₹320.96 crore. The Hotels business showed significant growth with GTV up 159% YoY to ₹111.34 crore. Flight and Bus segments also saw strong GTV growth.
The announcement includes record-breaking financial results (all-time high PAT) and robust growth across multiple business segments, which are material events for investors and the company's valuation.
The company reported record profits, strong YoY growth in key financial metrics like GTV and Revenue, and significant expansion in its Hotels business, indicating positive performance.
Le Travenues Technology Limited (ixigo) announced its financial results for the quarter and half year ended September 30, 2026, reporting an all-time high Profit After Tax (PAT) of ₹63.42 crore.
For the second quarter of FY27, ixigo's Gross Transaction Value (GTV) grew 22% year-on-year to ₹5,304.47 crore, with Revenue from Operations increasing by 13% year-on-year to ₹320.96 crore. The Contribution Margin also saw a 14% year-on-year rise to ₹124.86 crore.
The company highlighted that its Hotels business emerged as a significant growth driver, with GTV reaching ₹111.34 crore, a 159% year-on-year increase. The number of room nights booked in the Hotels segment crossed 4.7 lakhs for the quarter, marking a 295% year-on-year growth. Hotels revenue grew over 6x to ₹8.1 crore in Q2 FY27.
Flight and Bus segments also demonstrated strong performance, with GTV growth of 37% and 32% year-on-year, respectively. ixigo also expanded its distribution by powering train bookings on Uber and continuing its bus integration. Food delivery through Zoop and Swiggy now services over 290 railway stations.
The all-time high PAT was aided by the partial sale of ixigo's stake in Freshbus. The company's management emphasized continued investment in Hotels and AI as key drivers for long-term growth.
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Le Travenues Technology Limited filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.
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