ixigo swings to ₹63 Cr profit in Q2
By Abha Lohia ·
Ixigo: revenue and funding and every story →
- Ixigo is a travel app for train, flight, bus and hotel bookings, with hotels now reported as a separate segment
- It posted a ₹63 crore profit for the July–September quarter against a loss last year, helped by a stake sale in a bus operator
- Revenue grew 13% to about ₹321 crore, while hotel booking value rose 2.6 times and room nights topped 5,000 a day
What happened
- Q2 FY27 profit was ₹63 crore versus a ₹3.4 crore loss.
- Revenue from operations rose 13% to ₹320.96 crore.
- Gross transaction value grew 22% to ₹5,304 crore.
- Contribution margin rose 14% to ₹124.86 crore.
Why it matters
- Part of the profit came from selling a stake in FreshBus.
- Hotels are the next growth engine.
The business
- ixigo covers trains, flights, buses and hotels.
- Over 70,000 hotel properties are listed.
- 86% of hotel bookings came from existing users.
The founders
In numbers
₹8.1 CrHotel revenue · Q2 FY27
Other articles talking about it
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