IXIGONSELe Travenues Technology LimitedMinimalNeutral
Announced Sat, 30 Aug · 15:20 IST

Le Travenues Technology Limited has informed the Exchange regarding 'Business Responsibility and Sustainability Report of the Company for the financial year 2024-25'.

IXIGO · price

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Le Travenues Technology Limited (ixigo) has filed its Business Responsibility and Sustainability Report for FY 2024-25 as mandated by SEBI's Listing Regulations. The company is an online travel agency (OTA) operating brands like ixigo, ConfirmTkt, AbhiBus (B2C) and Travel Super Mall (B2B), with ticketing revenue contributing 92.63% of total turnover. Revenue stood at ₹9,106.20 million with a net worth of ₹6,187.94 million. The company employed 704 people (507 permanent), with women making up 29.69% of the workforce but only 11.11% of the board. Customer complaints rose sharply to 4,60,406 (from 3,69,825 last year), though 4,58,686 were resolved. Key material risks identified include cybersecurity/data protection and business ethics, with ISO 27001 and PCI-DSS certifications in place. CSR spending was not applicable due to lack of average net profits.

Likely market impact

This is a routine regulatory compliance filing and not an action-with-price-impact announcement. However, investors should note the sharp 25% increase in customer complaints, the rising female employee attrition (39.39%), and the company's stated intention to formalize ESG targets and policies in coming years — factors worth tracking for service quality and governance signals.