LE Travenues Technology Ltd.IXIGO₹203.64 +13.79%

The shares of LE Travenues Technology Ltd. (ixigo) soared by 14% today, hitting an all-time high after the company reported June quarter results that exceeded estimates.

IXIGO demonstrated strong operational momentum in Q1 FY26, with revenue surging 73% YoY to ₹3,145 million and net profit growing to ₹189 million. 

The company’s tech-centric DNA and AI-driven efficiency are driving sustainable growth, with Adjusted EBITDA increasing 54% YoY to ₹314 million, reflecting improved operating leverage.

The standout performance stems from IXIGO’s strategic focus on empowering India’s “Next Billion Users” through comprehensive AI integration. 

Their 3-pronged AI strategy is yielding results – efficiency gains through agentic AI handling 60% of voice calls and 88% of chats autonomously, revenue optimization through dynamic pricing algorithms, and disruptive innovations like the AI Trip Planner.

IXIGO’s market leadership is strengthening with 84.13 million Monthly Active Users and deep penetration in Tier II/III towns (94.05%). 

The platform’s stickiness is evident from an 85.80% repeat transaction rate, while emerging segments show strong traction – Gen Z train bookings grew 45% YoY, and solo women train travelers surged 123% YoY.

Business expansion initiatives include crossing 10,000 daily meal deliveries on trains, launching enhanced Price Lock and Visa Rejection Protection services, and introducing no-cost EMI options. 

The company’s evolution into a one-stop travel solution provider, combined with AI-integrated marketing reducing production costs to 0.1% of traditional budgets, positions IXIGO well for sustained growth in India’s expanding travel ecosystem.

Note: The stock prices mentioned are as of 12:00 PM


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CIN: U65990KA2021PTC146954