IXIGONSELe Travenues Technology LimitedMediumNeutral
Announced Sat, 30 Aug · 15:08 IST

Le Travenues Technology Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on September 24, 2025 and Annual Report for FY 2024-25

Board & Shareholder Meetings View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Le Travenues Technology (ixigo) has informed the exchanges that its 19th Annual General Meeting will be held on September 24, 2025, at 2:00 PM via video conferencing, along with the release of its Annual Report for FY 2024-25. The report highlights strong FY25 performance: Gross Transaction Value reached ₹14,972 crore, up 46% year-on-year, while revenue from operations grew 39% to ₹914 crore. Adjusted EBITDA surged 86% to about ₹99 crore, and profit before tax climbed 131% to ₹86 crore, reflecting improved operating leverage. The company now serves over 544 million annual active users with an 85.80% repeat transaction rate, and has a market share of 48%–60% in the OTA rail segment. The report also outlines expansion into hotels, the Zoop food-on-train acquisition, and an AI-first strategy built around products like the TARA chatbot and Plan by ixigo.

Likely market impact

This is a routine regulatory filing, so no immediate stock price catalyst is expected, but shareholders should mark September 24, 2025 for the AGM. The embedded FY25 results show ixigo is shifting from a growth-at-any-cost phase to profitable scaling, with EBITDA growing nearly twice as fast as revenue — a positive signal for long-term investor returns.