Ixigo shares jump after Q2 profit rises to ₹63.42 crore
In short
Ixigo’s parent reported a Q2 FY27 net profit of ₹63.42 crore, and the shares rose over 13%.
The report says profit was helped by a partial Freshbus stake sale and strong hotel-booking growth. It is not clear how much of the profit came from one-time gains or whether that pace will continue.
What the reporting says
Le Travenues Technology, parent of Ixigo, reported a Q2 FY27 net profit of ₹63.42 crore and shares rose over 13%, according to market summaries. The reporting says the profit reversed a year-ago loss and was helped by a partial Freshbus stake sale plus 159% growth in hotel-booking GTV, while revenue rose 13% year on year. The immediate question is how durable the boost will be once those one-off gains fade.
Why it matters
Le Travenues Technology, the parent of Ixigo, reported a Q2 FY27 net profit of ₹63.42 crore and the stock rose more than 13%, according to market summaries. The reporting says the result reversed a year-ago loss, was supported by a partial Freshbus stake sale, and was helped by 159% growth in hotel-booking GTV while revenue rose 13% year on year. The sustainability of earnings is not established.