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Results · Mobility & Logistics

ixigo reports strong Q4 profit growth

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Ixigo logo
Date
Company
Ixigo
What it does
Online travel booking platform
Kind
Results
Amount
₹32.1 Cr
Sector
Mobility & Logistics

What they do

Ixigo is an online travel platform for flights, trains, and buses

What happened

Q4 FY26 profit rose 91% to ₹32.1 Cr on ₹308 Cr revenue

Why it matters

Bus segment drove growth while train growth faced policy headwinds

The details

  • ixigo released Q4 FY26 financial results showing strong profitability.
  • Profit after tax reached ₹32.1 Cr, a 91% year-on-year increase.
  • Revenue grew 9% to ₹308 Cr despite sequential quarterly decline.
  • Adjusted EBITDA stood at ₹30.3 Cr, up 4% from the previous year.
  • Total Gross Transaction Value (GTV) was ₹8,278.9 Cr, up 12% YoY.
  • Full year FY26 profit was ₹71.5 Cr, with revenue of ₹1,228 Cr.
  • Operating cash flow for the full year was ₹195.7 Cr, up 60%.
  • The company highlighted resilient domestic travel demand in its operations.

The bigger picture

  • Domestic travel demand remained strong across all segments.
  • International travel was impacted by Middle East conflicts and high fares.
  • Train growth faced challenges due to Indian Railways policy changes.
  • The company shifted focus to monetizing users rather than market share.

About the business

  • ixigo operates as an online travel aggregator for multiple transport modes.
  • Flight GTV was the largest segment at over ₹2,018 Cr in Q4.
  • Train GTV contributed ₹4,112 Cr with revenue of ₹124.4 Cr.
  • Bus revenue grew 22% to ₹80.4 Cr in the quarter.
  • The company onboarded over 6,000 bus operators for its network.
  • AI handled 4.35 million customer queries in the last quarter.
  • Over 81% of voice calls were managed end-to-end by AI.
  • The app features TARA and agentic travel flows for user convenience.

What happens next

  • The company plans to invest in AI infrastructure and hotels.
  • It intends to expand into adjacent travel categories.
  • Branding spends will increase in regional markets like Tamil Nadu.
  • The firm remains open to acquisitions for future growth.

Founders

  • Aloke Bajpai, Group CEO
  • Rajnish Kumar, Group Co-CEO

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