Ixigo Share Price Rose Over 14%: Revenue and EBITDA Grew Significantly During Q1FY26

On July 17, 2025, Ixigo share price rose over 14%, reaching a day high of ₹206.40 at 11:25 AM after opening at ₹194.30 on BSE. The gain in Ixigo share price follows the release of Q1FY26 results, wherein the company reported strong momentum. Le Travenues Technology Limited, which operates business under the brand IXIGO

Le Travenues Technology Limited kicked off the new financial year with strong momentum, recording impressive growth across all major verticals. This performance reinforces ixigo’s position as a key player in the digital travel space, driven by expanding user engagement and growing demand across transportation categories.

Strong Financial Performance in Q1FY26 Across Key Metrics

Gross Transaction Value (GTV) for Q1 FY26 stood at ₹4,644.7 crore, registering a robust 55% year-on-year (YoY) increase. The growth was primarily fueled by the strong performance of the Flight and Bus segments, which together witnessed an 81% YoY surge in transaction value. The Train segment also maintained healthy traction, posting a 30% YoY rise. These figures highlight ixigo's diversified multi-modal travel ecosystem and its ability to scale efficiently across different categories.

Revenue from operations climbed to ₹314.5 crore in Q1 FY26, reflecting a 73% YoY growth compared to ₹181.9 crore in Q1 FY25. This significant uptick in revenue is a result of ixigo’s expanding customer base, increased ticketing volumes, and enhanced monetisation strategies. The company’s continued focus on product innovation and customer experience is translating directly into top-line growth.

Contribution Margin (CM) reached ₹128.1 crore during the quarter, up 48% YoY. This growth in CM underscores the company’s ability to improve unit economics while scaling its business. Ixigo’s focus on cost efficiency and optimised marketing spends has played a pivotal role in driving higher margins without compromising on growth or customer acquisition.

EBITDA for Q1 FY26 came in at ₹32.5 crore, a 69% increase from the same period last year. The company’s Adjusted EBITDA — which excludes ESOP expenses and other income — stood at ₹31.4 crore, up 54% YoY from ₹20.3 crore in Q1 FY25. This improvement in EBITDA reflects ixigo’s strong operational leverage and disciplined cost management across the board.

Profit before tax, excluding the share of loss from associates and exceptional items, rose sharply to ₹28.7 crore in Q1 FY26 from ₹16.3 crore in Q1 FY25 — a 76% YoY growth. This profitability milestone highlights ixigo’s continued financial strength and the scalability of its business model. The company’s ability to grow profitably while maintaining strong cash flows is a key driver of investor confidence and long-term sustainability.

Also Read: L&T Technology Services Q1FY26 Results: Revenue Recorded Double-Digit Growth

Management Take on Q1FY26 Highlights

Management Comments Rajnish Kumar, Group Co-CEO, ixigo and Aloke Bajpai, Group CEO, ixigo, stated: “We continue to see rapid growth and have hit new all-time highs. Our outstanding growth in categories such as buses and flights stems from our unique playbook that combines a customer-centric approach, ability to cross-sell and up-sell to our captive user-base, our tech-centric DNA, AI-driven efficiency, and enhanced brand awareness.”

Saurabh Devendra Singh, Group CFO, ixigo, added: “Q1 FY26 is another strong quarter, with record revenue and profits across all our key verticals. The 54% increase in adjusted EBITDA and 76% growth in PBT (excluding exceptional items) demonstrate the strength of our operating model and disciplined execution. We remain committed to driving sustainable growth.”

Conclusion

ixigo's Q1 FY26 performance reflects strong execution, rising market penetration, and a sharp focus on sustainable, tech-led growth. With increasing digital adoption among travelers and a growing preference for online bookings in Tier 2 and Tier 3 markets, ixigo is well-positioned to maintain its upward trajectory for the remainder of the fiscal year.

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