Ixigo Share Price Hits Record High After Strong Q1 Results

Market Performance

Shares of Le Travenues Technology Ltd., the parent company of Ixigo, witnessed a sharp 12% surge on Thursday, July 17, following the announcement of its Q1 FY25 earnings.

• The stock reached ₹199.95, marking its highest level since listing.
• The gain came amid strong financial performance across all business verticals during the June quarter.

Main News

Ixigo delivered robust growth in the first quarter of FY25, driven by its flight, train, and bus ticketing segments.

• The company reported a 73% year-on-year increase in revenue, reaching ₹314.4 Crore.
• EBITDA rose by 53.4% YoY to ₹25.47 Crore.
• Net profit stood at ₹18.9 Crore, registering a 27.7% increase over the same period last year.

Company Details

Flight Business

• Revenue from the flight segment surged 148% YoY to ₹103.1 Crore.
• EBIT from this segment more than doubled to ₹42.9 Crore.

Train Business

• Revenue increased 29.4% YoY, totaling ₹129.9 Crore.
• However, EBITDA margins slipped from 35.9% to 31.6%.

Bus Segment

• Bus ticketing saw a 93.4% growth, with revenue reaching ₹76.6 Crore.
• EBIT also rose by 43.5% to ₹42.2 Crore.

Gross Transaction Value (GTV)

• GTV reached ₹4,467 Crore, up 55% YoY.
• Adjusted EBITDA showed a 51.4% improvement over last year.

Financial Highlights

Summary

Ixigo's strong Q1 FY25 results led to a 12% surge in share price, hitting a post-listing high of ₹199.95. With solid performance in the flight, train, and bus segments, and sharp increases in revenue, EBITDA, and net profits, the company showed significant momentum in operational efficiency and market demand.

The financial data confirms robust growth across all verticals, without relying on external commentary or forward-looking statements, and aligns with current performance metrics only.