Le Travenues Technology Ltd Reports Rs. 655.9 Cr Revenue and Rs. 73.1 Cr Profit in FY24

Le Travenues Technology Ltd, India's leading OTA for the Next Billion Users, announced its financial results for the fiscal fourth quarter and full fiscal year ended March 31, 2024. The company reported a revenue of Rs. 655.9 Cr, a YoY increase of 30.8%, and a profit of Rs. 73.1 Cr, a significant YoY increase of 212.3%. The Gross Transaction Value (GTV) crossed Rs. 10,000 Cr in FY24, growing by 38% YoY. The Revenue from Operations grew by 30.8% YoY in FY24 to Rs. 655.9 Cr. The Contribution Margin increased by 34.7% for the full year, reaching Rs. 293.8 Cr for FY24. The EBITDA increased by 23.2% for Q4 FY24 and by 17.8% for FY24, amounting to Rs. 53.1 Cr in FY24. The Adjusted EBITDA increased by 0.7% for Q4 FY24 vs Q4 FY23 and by 24.7% for the full year, amounting to Rs. 55.3 Cr in FY24.