Le Travenues Technology Limited has informed the Exchange about Earnings Release on Financial Results for the quarter and financial year ended March 31, 2026
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Le Travenues Technology Limited (ixigo) reported strong FY26 results with GTV of ₹186,927 Mn (up 25% YoY) and Revenue from Operations of ₹12,280 Mn (up 34% YoY). Adjusted EBITDA grew 28% to ₹1,209 Mn while PAT for Q4 FY26 hit an all-time high of ₹320.5 Mn, up 91% YoY. Cashflow from operations surged 60% to ₹1,957 Mn. Flight Revenue grew 54% YoY and Bus Revenue grew 51% YoY in FY26. However, Train business degrew due to Kumbh base effect and regulatory changes including tighter Tatkal windows and waitlist restrictions. Management highlighted ixigo NEXT as an AI-native platform that fuses LLMs, voice intelligence, deep user context, and real-time supply data to create a new travel operating layer with agentic capabilities. Hotels business continues to be built with long-term focus, not yet ready for separate disclosure.
Strong operational performance with 91% PAT growth in Q4 and 60% cashflow improvement demonstrates improving profitability and cash generation. Train segment headwinds from regulatory changes are expected to persist until Indian Railways launches its new PRS system. The focus on AI transformation through ixigo NEXT positions the company for long-term competitive advantage, though near-term margin fluctuations may occur as the company invests in growth.