Le Travenues Technology Ltd News

ixigo Q3 results: Profit jumps 54% to ₹24 crore on higher bookings

ixigo (Le Travenues Technology Limited) on Thursday reported 54.11 per cent rise in consolidated net profit for December quarter at Rs 23.95 crore, driven by higher revenue from operations including flight, train, and bus ticketing services. The travel booking platform had logged a net profit of Rs 15.54 crore during the year-ago period, a regulatory filing said. During the quarter under review, ixigo's revenue from operations increased to Rs 317.56 crore from Rs 241.76 crore a year ago. Total expenses also rose to Rs 295.85 crore from Rs 223.67 crore. The gross transaction value (GTV) for ixigo's bus booking vertical grew over 36 per cent year-on-year in December quarter, whereas the flights vertical recorded GTV growth of more than 22 per cent despite industry-wide disruptions witnessed in December. "Our Q3 performance demonstrates our continued ability to outpace the market's growth with improving profitability. We are at a juncture in history where we will be judged not by our

Ixigo shares rally 7% as JM Financial upgrades to 'Buy', eyes 29% upside

The stock rose to an intraday high of ₹228.40 per share. Around 11:00 AM, ixigo shares were trading 6.87 per cent higher at ₹227.85 apiece. By comparison, the BSE Sensex was down 0.08 per cent at 83,8

BSE MidCap, SmallCap rebound 3% from day's low; TTML, Kaynes soar up to 20%

Shares of Kaynes Technology were up 14 per cent at ₹4,328 on the BSE in intra-day trade as the stock recovered 17 per cent from its 52-week low of ₹3,713.75 hit today.

BSE Smallcap index hits 6-month low; 94 stocks trade at 52-week lows

Thus far in the calendar year 2025, the BSE Smallcap index has underperformed the market by falling 8%, as against 9% rally in the BSE Sensex and 0.3% decline in the BSE Midcap index.

ixigo posts net loss due to one-off ESOP expense in seasonally weak quarter

Despite a 37% rise in revenue to Rs 282.7 crore, ixigo slipped into a Rs 3.4-crore loss in Q2FY26 amid higher costs; buses and flights led growth

Travel platform ixigo to offload 10.1% stake to Prosus for ₹1,296 crore

Travel platform ixigo on Friday said it will raise Rs 1,296 crore from global technology investor and operator Prosus through a preferential issue of equity shares. In a regulatory filing, ixigo (Le Travenues Technology Ltd) said it is offloading a 10.1 per cent stake to Prosus (MIH Investments One B V) for Rs 1,295.56 crore (USD 146 million). The board of directors of ixigo have approved the issuance of 4,62,70,092 equity shares for Rs 1,295.56 crore, representing 10.10 per cent of the post-issue paid-up equity share capital by way of preferential issue on private placement basis to MIH Investments One B.V, the filing said. Prosus will invest Rs 1,295.56 crore (USD 146 million) for a 10.1 per cent stake in ixigo on a fully-diluted basis, corresponding to a share price of Rs 280 per share, a slight premium over the 10-day VWAP (Volume Weighted Average Price) of ixigo as on the relevant date for the transaction, the filing said. ixigo intends to utilise the proceeds for organic and

Ixigo hits new high, stock rallies 33% in 1 month on healthy outlook

The stock price of Ixigo hit a new high at ₹316.80 on Thursday, and has more-than-doubled or zoomed 167 per cent from its 52-week low of ₹118.65 touched on April 7, 2025.

Ixigo zooms 51% in 1 month, hits new high. What's driving OTA stock price?

The stock price of Ixigo hit a new high of ₹246.60, has more-than-doubled or zoomed 122 per cent from its 52-week low of ₹121.70 touched on April 7, 2025.