Ixigo Q2 profit jumps to 63 cr; revenue up 13%
Executive Brief • Key Highlights
Fast factual intelligence distilled for busy investors, executives, and answer bots:
- ✓Ixigo reported a net profit of 63.42 crore for the July-September quarter.
- ✓Revenue from operations went up 13% to 320.96 crore.
- ✓Group CEO Aloke Bajpai said, "GBV from hotels crossed 100 crores, a 159% year-on-year growth." Many users who book trains and flights helped the company reach this strong performance.
Story at a Glance
- Category
- BUSINESS
- Reported By
- Economic Times
- Reading Speed
- 1 Minute(s)
- Market Focus
- India Economy
Ixigo's financial report reveals a net profit of 63.42 crore for the July-September period, indicating robust performance. The company enjoyed a 13% increase in operational revenue, totaling 320.96 crore. Their hotel segment excelled with a Gross Bookings Value surpassing 100 crores, reflecting a remarkable 159% year-on-year growth and driving significant revenue increase, largely from its loyal user base utilizing various transportation services.
New Delhi: AI-powered Indian travel platform ixigo reported a net profit of 63.42 crore for the July-September quarter. Revenue from operations went up 13% year on year to 320.96 crore.
Unlock the Full Story with ArthNow Premium
To continue reading this complete financial story and in-depth market context, upgrade to ArthNow Premium. Enjoy unlimited access across Web and Mobile.
Economic Times
Read the full, original unfiltered story directly on the publisher's portal.