ixigo Reports 81% Jump in Q1 Profit, Revenue Up 13%
Traveltech company ixigo announced an 81% year-over-year increase in consolidated net profit for the June quarter. Revenue rose 13% to ₹356.8 Cr.
Travel technology company ixigo reported an 81% increase in consolidated net profit for the first quarter of fiscal year 2027, which ended in June. The net profit reached ₹34.2 Cr (approximately $4.1 million USD), up from ₹18.9 Cr in the same period last year. Profit also saw a 7% sequential increase from the previous quarter.
Operating revenue for the quarter grew by 13% year-over-year, amounting to ₹356.8 Cr (approximately $43 million USD). Including other income, the company's total income for the period was ₹385.9 Cr.
Total expenses for the quarter increased by 15% year-over-year to ₹337.8 Cr. The company also recorded an additional loss of approximately ₹4 Cr from an associate.