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News Topical, Digital Desk : Le Travenues Technology Limited, the company that operates the travel booking platform Ixigo, released its first quarter (April-June 2025) results on Wednesday, July 16, 2025. The company's net profit increased by 27.7% to Rs 18.9 crore compared to Rs 14.8 crore in the same quarter last year.
The company's operating income grew by a robust 74.2% from Rs 181.8 crore to Rs 314.4 crore. At the operating level, EBITDA (profit) grew by 53.1% to Rs 25.5 crore from Rs 16.6 crore in the same quarter last year. However, EBITDA margin declined from 9.15% to 8.10%.
Strong performance The company recorded a 55% year-on-year growth in gross transaction value (GTV) in Q1 FY26 to Rs 4,644.7 crore. This growth was mainly driven by 81% growth in the flight and bus segments and a 30% increase in train GTV. Contribution margin increased by 48% to Rs 128.1 crore. Consolidated EBITDA grew by 54% to Rs 31.4 crore from Rs 20.3 crore in Q1 FY25 last year. Profit of subsidiaries increased by 76% to Rs 28.7 crore from Rs 16.3 crore last year.
Performance of shares The results came after market close. On Wednesday, shares of LE Travelnews Technology Limited closed at Rs 179.80, up Rs 3.39 or 1.92% on BSE.
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