Ixigo posts Rs 63 crore profit in Q2 as revenue rises 13% YoY
Written by AI from 1 report listed below. Not checked by a person before publication. How we use AI
Ixigo reported a 13% year‑on‑year increase in revenue to Rs 321 crore for the July‑September quarter and swung to a net profit of Rs 63 crore from a loss of Rs 3.5 crore in the same quarter a year earlier.
The profit was aided by a one‑time Rs 41 crore gain from the partial sale of its FreshBus stake; operating EBITDA was Rs 18.1 crore compared with a loss of Rs 3.7 crore a year earlier; train bookings revenue rose 16% to Rs 149 crore, bus ticketing revenue grew 25% to Rs 81 crore, while flight ticketing revenue fell to Rs 83 crore from Rs 89 crore, even as flight ticketing GTV increased 37% to Rs 2,184 crore.