Ixigo posts Rs 314 Cr revenue in Q1 FY26; profit up 27%

Online travel aggregator (OTA) Ixigo released its financial results for the first quarter of the ongoing fiscal year (Q1 FY26) on Wednesday. The company reported a 72% growth in scale, while its year-on-year (YoY) profits increased by 27% during the same period.

Ixigo’s revenue from operations surged 72.5% to Rs 314 crore in Q1 FY26 in contrast to Rs 182 crore in Q1 FY25, as per the firm’s unaudited financial results sourced from the National Stock Exchange (NSE).

The Gurugram-based company generated the largest share (41%) of its operating revenue from train ticketing, which rose to Rs 130 crore in Q1 FY26 from Rs 100 crore in Q1 FY25. Flight and bus booking services contributed 33% and 24% to the company’s revenue, respectively.

Besides operating revenue, the firm also earned Rs 7 crore via interest and gains from financial assets during the quarter which took its total income to Rs 321 crore in the quarter ending June 2025.

Ixigo has not provided a detailed breakdown of expenses in its quarterly financial statements. However, employee benefits expenses rose by 18% YoY to Rs 52 crore. Overall, the company's total costs grew 74% to Rs 293 crore in Q1 FY26 compared to Rs 168 crore in Q1 FY25.

In the end, Ixigo's net profits grew 27% year-on-year to Rs 19 crore in Q1 FY26 from Rs 15 crore in Q1 FY25. 

At the close of trading on Wednesday (July 16), Ixigo’s shares were priced at Rs 179.8, giving the online travel aggregator a market capitalization of Rs 7,017 crore (approximately $ 820 million).