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Shares of Le Travenues Technology Ltd, the parent company of travel booking platform Ixigo, soared nearly 16 per cent on Wednesday to hit a post-listing high of Rs 207.20, following robust Q1 FY26 results. The stock was trading up Rs 28.24 or 15.78 per cent at Rs 207.20 on the NSE at 1:21 PM IST.
The strong rally in Ixigo share price today comes after the company reported a 73 per cent year-on-year jump in revenue to Rs 314.4 crore for the quarter ended June 2025. Net profit rose 27.7 per cent to Rs 18.9 crore, while EBITDA increased 53.4 per cent to Rs 25.47 crore.
Ixigo Q1 FY26 result Highlights
Ixigo saw broad-based growth across all segments, with newer verticals driving momentum:
Flight business revenue surged 148 per cent YoY to Rs 103.1 crore; EBIT more than doubled to Rs 42.9 crore.
Train business revenue increased 29.4 per cent to Rs 129.9 crore, though EBIT margins narrowed to 31.6 per cent, down from 35.9 per cent YoY.
Bus segment revenue climbed 93.4 per cent YoY to Rs 76.6 crore, with EBIT up 43.5 per cent to Rs 42.2 crore.
The company’s Gross Transaction Value (GTV) stood at Rs 4,467 crore, up 55 per cent from the previous year. Adjusted EBITDA grew 51.4 per cent YoY.
Ixigo Share Price Hits Record High
With today’s surge, Ixigo shares hit their highest level since listing, reflecting growing investor confidence in the company’s business model and profitability roadmap. The rally follows management’s earlier comments about aiming to increase its market share from mid-single digits to double digits.
Ixigo’s strong Q1 performance aligns with its strategy to deepen penetration across Tier-II and Tier-III markets and expand beyond core train and bus verticals. Analysts will watch upcoming quarters for margin stability and continued top-line momentum.
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