Le Travenues Technology Limited has informed the Exchange regarding Board meeting held on May 14, 2025.
IXIGO · price
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Awaiting price reaction for this filing.
Le Travenues Technology (Ixigo) reported strong FY25 consolidated revenue of Rs. 9,142 million, up ~39% YoY from Rs. 6,559 million, driven by growth across Flight (+73%), Train (+23%) and Bus (+49%) segments. Q4 FY25 revenue surged 72% YoY to Rs. 2,841 million. However, FY25 net profit declined to Rs. 602.5 million from Rs. 730.6 million in FY24, partly due to share of losses from associate Freshbus (Rs. 91 million). Operating cash flow improved sharply to Rs. 1,222 million from Rs. 432 million. Auditors S.R. Batliboi & Associates issued an unmodified (clean) opinion. The board also allotted 181,334 equity shares under ESOS schemes, raising paid-up capital marginally to Rs. 390.3 million. Exceptional items include Rs. 11.7 million of IPO expenses and a Rs. 57.7 million gain on deemed disposal of stake in Freshbus.
Strong revenue growth and robust operating cash flow generation are positives, but the decline in net profit (due to Freshbus associate losses and absence of prior-year exceptional gains) may temper investor sentiment in the near term. Clean audit opinion and improving margins are supportive signals for the stock.