Signal Desk · Markets

Ixigo shares jump 13% after Q2 profit turnaround

2026-10-19 · 1 source · Mint Markets

In short

Ixigo shares climbed more than 13% after the company reported a Q2 FY27 net profit of ₹63.42 crore. That was a turnaround from a loss a year earlier.

The gain was helped by a partial Freshbus stake sale and strong hotel-booking growth. The report does not say how long the share rally may last or what the market expects next.

What the reporting says

Ixigo shares rose over 13% after the travel platform reported Q2 FY27 net profit of ₹63.42 crore, reversing a year-ago loss. The result was helped by a partial Freshbus stake sale, 159% growth in hotel-booking GTV, and 13% year-on-year revenue growth. The source does not state the full profit comparison figure or whether the stock move will hold.

Why it matters

Ixigo turned to a Q2 FY27 net profit of ₹63.42 crore, and the shares rose over 13% after the announcement. The publisher summary says the improvement was supported by a partial Freshbus stake sale, 159% growth in hotel-booking GTV, and 13% revenue growth year on year. The available reporting does not separate operating profit from one-time gains or give management guidance.

Touches: Ixigo, Markets, Companies, Startup

Sources