Le Travenues Technology Limited,Indian AI-based travel platform, announces its financial results (standalone and consolidated) for the quarter and full year ended March 31, 2026. The company delivered a record performance in Q4 FY26, achieving an all-time high Profit After Tax (PAT) of ₹32.1 Cr, up 91% YoY, alongside robust full-year growth across key metrics.
Key highlights for FY26 and Q4 FY26:
- Robust growth in FY26: GTV at Rs. 18,692.7 Cr (+25% YoY), Revenue from Operations at Rs. 1228 Cr (+34% YoY) & Adj. EBITDA at Rs.120.9 Cr (+28%)
- FY26 Cashflow from Operations at Rs. 195.7 Cr (+60% YoY)
- Q4 FY26 Profit After Tax (PAT) of Rs. 32.1 Cr (+91% YoY)
- Delivered 50%+ YoY growth in Flight and Bus Revenue in FY26 despite a volatile macro environment
- Please find the detailed press release attached for your kind perusal.
Do let us know if you need any additional information or would like to schedule an interaction with the management.
Ixigo Reports All-Time High PAT of ₹32.1 Cr (+91% YoY) in Q4 FY26;
Delivers Strong FY26 Revenue, GTV and Cash Flows
- Robust growth in FY26: GTV at Rs. 18,692.7 Cr (+25% YoY), Revenue from Operations at Rs. 1228 Cr (+34% YoY) & Adj. EBITDA at Rs.120.9 Cr (+28%)
- FY26 Cashflow from Operations at Rs. 195.7 Cr (+60% YoY)
- Q4 FY26 Profit After Tax (PAT) of Rs. 32.1 Cr (+91% YoY)
- Delivered 50%+ YoY growth in Flight and Bus Revenue in FY26 despite a volatile macro environment
Mumbai, India, 22nd May 2026: Le Travenues Technology Limited (NSE: IXIGO, BSE: 544192), India’s leading AI-based travel platform, today announced its standalone and consolidated financial results for the quarter ended March 31, 2026 and full year FY26.
The company delivered a strong performance in FY26, achieving robust growth across key financial metrics. Gross Transaction Value (GTV) grew 25% YoY to Rs. 18,692.7 Cr, while Revenue from Operations rose 34% YoY to Rs. 1,228 Cr. Adjusted EBITDA increased 28% YoY to Rs. 120.9 Cr, and Cash Flow from Operations surged 60% YoY to Rs. 195.7 Cr. Profit After Tax (PAT) for Q4 FY26 stood at an all-time high of Rs. 32.1 Cr, up 91% YoY. The company also delivered 50%+ YoY growth in Flight and Bus Revenue during FY26 despite a volatile macro environment, reflecting sustained momentum across its fastest-growing verticals. Flights emerged as our largest business by GTV in Q4 FY26, crossing Rs.2,018 Cr in GTV.
Key Performance Highlights – Q4 FY26 & FY26
- Gross Transaction Value (GTV) is at Rs.18,692.7 Cr in FY26, growing by 25% for the full year. Bus GTV rose 26% YoY while Flight GTV grew 18% YoY for Q4 FY26 vs Q4 FY25.
- Revenue From Operations grew by 34% YoY in FY26 to Rs.1228 Cr. Flight Revenue grew 54% YoY to Rs.390.7 Cr, while Bus Revenue grew 51% YoY to Rs.298.0 Cr in FY26. For Q4 FY26, revenue from operations grew to Rs. 308.1 Cr.
- Contribution Margin (CM) increased by 18% YoY, reaching Rs.474.3 Cr in FY26.
- EBITDA increased by 41% for Q4 FY26 as compared to the same period in the previous year and stood at Rs. 120.1 Cr (+21% YoY) in FY26. Adjusted EBITDA (EBITDA plus ESOP Expenses less Other Income) increased to Rs.30.3 Cr for Q4 FY26 and grew 28% YoY at Rs. 120.9 Cr for the full financial year.
- Profit Before Tax, Share of Loss of Associates and Exceptional items is at Rs. 102.6 Cr in FY26 and Rs. 38.3 Cr in Q4 FY26, up 41% compared to the same quarter last year.
- Q4 FY26 also recorded an all-time high Profit After Tax at Rs.32.1 Cr compared to Rs.16.8 Cr in Q4 FY25, reflecting a 91% YoY increase. PAT for the full year came in at Rs. 71.5 crore.
- FY26 also witnessed Cashflow from operations at Rs.195.7 Cr, up 60% YoY from Rs.122.2 Cr last year, demonstrating strong operating efficiency.
ixigo’s AI-Native Reinvention
- Reimagined the ixigo app – ixigo NEXT features a fully AI-native travel platform with TARA, Trip Mode and agentic travel flows with AI integrated at the core of the app experience.
- Reinvented TARA as the conversational core of the ixigo app, enabling hyper-personalised trip planning, booking and travel assistance through intuitive AI-powered interactions
- Introduced Trip Mode, a built-in travel companion that consolidates all post booking information, travel updates and real-time alerts in one seamless interface
AI handled 4.35 Mn customer queries in Q4 FY26, with over 81% of all voice calls managed end-to-end with AI during the quarter
Management Comments
Aloke Bajpai, Group CEO, ixigo and Rajnish Kumar, Group Co-CEO, stated: “In FY26 we achieved 34% revenue growth and 28% Adj. EBITDA growth YoY. Q4 maintained our growth trajectory with market-share gains, despite the high base-effect of MahaKumbh last year and the current Middle-East crisis. The next phase of our journey is all about reinventing our org as well as customer experience, by putting AI at the core. ixigo NEXT is just a sneak peek of the agentic AI capabilities we’re working on.”
Saurabh Devendra Singh, Group CFO, ixigo, added: “FY26 demonstrated the advantage of having a diversified business supported by resilient growth engines. Even in Q4 FY26, despite a high base effect, we delivered a resilient performance. For me, the biggest highlight of the year was our operating discipline and cash conversion.“
