ixigo clocks record FY25 results with 128% PAT growth, strongest quarter yet – ET TravelWorld

India’s tech-driven travel platform ixigo (Le Travenues Technology Limited) has posted its highest-ever quarterly and annual financial results, cementing its position as a dominant player in India’s online travel sector. For the quarter ended March 31, 2025, the Gurugram-based company reported a 72% year-on-year (YoY) increase in revenue from operations to ₹284.1 crore and a 65% YoY jump in Gross Transaction Value (GTV) to ₹4,418.4 crore.

Q4 FY25 also saw ixigo recording a 128% rise in Profit After Tax (PAT) to ₹16.8 crore and a 74% increase in Profit Before Tax (PBT) to ₹27.2 crore. The EBITDA for the quarter stood at ₹30.7 crore, marking a 64% increase YoY.

Flight and bus categories were the standout performers for ixigo, each witnessing a remarkable 92% YoY growth in GTV. Train GTV also saw a solid 41% increase, showcasing ixigo’s continued strength in Tier 2 and Tier 3 India — a user segment that has been central to its strategy since inception.

Commenting on the record quarter, Rajnish Kumar, Group Co-CEO, and Aloke Bajpai, Group CEO, said, “This has been our strongest quarter yet, driven by consistent quarter-on-quarter acceleration across all lines of business. Our outstanding growth in categories such as flights and buses stems from a unique playbook that combines a customer-centric approach, ability to cross-sell and up-sell to a unique captive user-base, a tech-centric DNA, AI-driven efficiency and enhanced brand awareness — all while maintaining healthy margins.”

Adjusted EBITDA stood at ₹29.1 crore, up 70% from ₹17.1 crore in the same quarter last year. The company’s contribution margin also rose 69% YoY to ₹120.9 crore, further showcasing strong operational efficiency.

Full-Year FY25 Financial Highlights:
* GTV touched an all-time high of ₹14,971.6 crore, up 46% from FY24.
* Revenue from operations jumped 39% to ₹914.2 crore.
* Adjusted EBITDA surged 71% YoY to ₹94.8 crore.
* Profit Before Tax (PBT) rose 131% to ₹86.2 crore.Group CFO, Saurabh Devendra Singh, emphasised, “We went public in FY25, and this has become a defining year for our trajectory. This fiscal we achieved ₹14,972 crore in GTV, ₹914 crore in Operating Revenue, and delivered a 71% YoY increase in Adj. EBITDA — proving that scale and financial discipline need not be mutually exclusive.”

FY25 also marked ixigo’s debut on the Indian stock exchanges (NSE: IXIGO, BSE: 544192), further boosting visibility and investor confidence.