| Metric | Value (₹ Cr) | vs Q2 FY25 |
|---|---|---|
| Revenue | 241.76 | 17.1% |
| Total Income | 246.99 | 17.1% |
| Expenditure | 223.68 | 16.8% |
| PBT | 23.31 | 15.0% |
| Net Profit | 15.54 | 18.8% |
| OPM | 6.13% | 0.11pp |
| NPM | 7.04% | 0.08pp |
| EPS | 0.40 | 17.6% |
ixigo Reports All-Time High GTV, Revenue & Profit Before Tax in Q3 FY25
28 Jan 2025 · 28 Jan 2025, 10:36 pm
Summary
Le Travenues Technology Limited, India's leading OTA for the Next Billion Users, announces its financial results for the quarter ended December 31, 2024. The company has achieved strong growth in revenue from operations with a 42% increase YoY, reaching Rs.241.8 Cr in Q3 FY25 and a 48% YoY increase in GTV. The company has also posted a 46% growth in Profit before share of loss of an associate, exceptional items and tax at Rs. 23.3 Cr in Q3 FY25.
Key Highlights
- 1
GTV crossed Rs.4036.3 Cr in Q3 FY25, growing by 48% YoY.
- 2
Revenue From Operations grew by 42% YoY in Q3 FY25 to Rs.241.8 Cr.
- 3
Contribution Margin increased by 32% YoY, reaching Rs.102.5 Cr in Q3 FY25.
- 4
EBITDA increased by 36% to Rs.26.6 Cr for Q3 FY25.
- 5
Profit Before Tax, Share of Loss of Associates and Exceptional items is at Rs.23.3 Crin Q3 FY25.
Management Comments
Rajnish Kumar
Group Co-CEO, ixigo and Aloke Bajpai, Group CEO,
Q3 FY25 has been our best quarter ever! We hit new all-time high records for MAU, GTV, Revenue from Operations as well as EBITDA this quarter. For 9M FY25 vs 9M FY24 we have doubled our EBITDA from Rs.34 Crores to Rs.68 Crores while gaining market share in all our lines of business. With continued investments in new areas including hotels and Al-based agentic tools, we remain optimistic about our ability to grow faster than the overall OTA market in the mid-term.
Saurabh Devendra Singh
Group CFO, ixigo,
Q3 FY25 marks both a milestone and a stepping stone for our business. Our GTV growth remains robust at over 48%, and our ability to invest in this growth while maintaining a double-digit Adjusted EBITDA margin of 10%+ is a testament to our prudence.
Informational and educational content only. Not investment advice.