IXIGONSELe Travenues Technology LimitedMediumNeutral
Announced Tue, 20 May · 22:02 IST

Le Travenues Technology Limited has informed the Exchange about Transcript of Earnings Call - Financial Results for the quarter and financial year ended March 31, 2025

Mgmt Evaded Key QuestionInvestor Communications View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Ixigo posted strong Q4 FY25 results with Gross Transaction Value (GTV) of INR 4,418.4 crores, up 65% YoY, and full-year GTV of INR 14,971.6 crores, up 46% YoY. Revenue from operations rose 72% YoY to INR 284.1 crores in Q4, while full-year revenue grew 39% to INR 914.2 crores. Q4 Profit After Tax more than doubled to INR 16.8 crores (up 128%), though full-year PAT dipped to INR 60.3 crores from INR 73.1 crores due to one-offs (lower revaluation gains, higher tax expense). All three segments showed momentum: Flights GTV up 92% YoY, Buses GTV up materially with 60.9% contribution margin, and Trains grew 41% YoY. Annual active users crossed 544 million and monthly transacting users reached 3.7 million. Management highlighted that AI voice agents now handle 45% of flight customer support calls end-to-end, and 85.8% of transactions came from repeat bookers.

Likely market impact

Broad-based growth across trains, flights, and buses reflects healthy travel demand and market share gains. However, trains contribution margin slipped to 31% (from 34%) due to Travel Guarantee investments, and management acknowledged that technology costs as a percentage of revenue may not improve significantly in FY26, which could cap near-term margin expansion despite strong absolute EBITDA growth.