ixigo Achieves Highest Financial Results in FY25 with Remarkable Growth

Record Performance of ixigo

In a remarkable financial achievement, ixigo, India’s tech-driven travel platform known for its comprehensive travel solutions, has showcased extraordinary growth in its performance for the fiscal year 2025. The company, officially known as Le Travenues Technology Limited, has recorded its highest-ever financial results, reinforcing its position as a prominent player in India’s online travel sector.

Key Highlights of Financial Success

For the quarter ending March 31, 2025, ixigo reported a staggering 72% year-on-year (YoY) increase in revenue from operations, amounting to ₹284.1 crore. Additionally, the Gross Transaction Value (GTV) surged by 65% YoY to reach an impressive ₹4,418.4 crore. Most strikingly, the company recorded a 128% rise in Profit After Tax (PAT), totaling ₹16.8 crore, and a 74% increase in Profit Before Tax (PBT), standing at ₹27.2 crore.

Growth Through Diverse Categories

Flight and bus categories emerged as the leading performers, each witnessing a phenomenal 92% YoY growth in GTV. The train segment also reported a solid 41% increase, underscoring ixigo’s substantial influence in Tier 2 and Tier 3 segments of India, which have been pivotal to its growth strategy since inception.

Director Statements on the Quarter’s Success

Rajnish Kumar, Group Co-CEO, alongside Aloke Bajpai, Group CEO, conveyed their enthusiasm about the record financial quarter. They noted that this success is attributed to a well-structured, customer-centric approach integrated with a tech-savvy framework. Their strategy has harnessed the capabilities of AI to drive efficiency while enhancing brand awareness and preserving healthy margins.

Financial Metrics Overview

Overall Fiscal Year Performance

The overall financial performance for FY25 saw a GTV reaching an all-time high of ₹14,971.6 crore, representing a 46% increase from the previous fiscal year. Revenue from operations escalated by 39% to ₹914.2 crore, while adjusted EBITDA surged 71% YoY to ₹94.8 crore. Additionally, PBT rose by a remarkable 131% to ₹86.2 crore, demonstrating ixigo’s operational excellence and strong financial discipline.

Strategic Milestones

According to Saurabh Devendra Singh, Group CFO, FY25 has been notably significant, particularly due to ixigo’s public listing. The company leveraged this new stage for enhancing visibility and investor confidence, revealing their strategic approach to scaling operations without compromising financial integrity.

Impact on the Transportation and Travel Landscape

The impressive results presented by ixigo resonate throughout the transportation and travel industry, impacting the wider ecosystem of service providers, including taxi and transfer services. A rise in travel activity directly correlates with increased demand for reliable transport solutions.

Conclusions and Future Expectations

ixigo’s stellar performance offers a glimpse into the future of travel in India, illuminating potential growth patterns across various sectors, including taxi and transfer services. As international travel trends evolve, platforms like GetTransfer.com ensure seamless travel experiences, providing users with flexible options to select vehicles, view details, and receive transparent pricing—all of which enhance overall journey satisfaction.

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