ixigo Reports Strong Q1 FY26 Results with 27% YoY Profit Surge and 73% Revenue Growth
Online travel aggregator (OTA) ixigo has reported impressive financial results for the first quarter of FY26, driven by strong top-line growth and consistent operational performance. The company posted a consolidated net profit of INR 18.9 crore, marking a 27% increase year-on-year (YoY) from INR 14.9 crore in Q1 FY25. On a sequential basis, the profit also rose 13% compared to INR 16.8 crore in Q4 FY25.
Operating Revenue Soars 73% YoY
ixigo’s robust performance was largely fueled by a significant surge in operating revenue, which jumped 73% YoY to INR 314.5 crore, up from INR 181.9 crore in the corresponding quarter last year. The company also saw a quarter-on-quarter (QoQ) increase of 11%, from INR 284.1 crore in Q4 FY25, highlighting sustained momentum in its core business operations.
The sharp revenue growth reflects rising demand for travel bookings across air, train, and bus segments, alongside growing traction for ixigo’s AI-powered travel tools and services.
Total Income and Expense Trends
Including other income of INR 7 crore, the company’s total income stood at INR 321.4 crore for the quarter. However, expenses also grew in line with revenue, climbing 74% YoY and 11% QoQ to INR 293.8 crore. Despite the rise in expenses, ixigo managed to maintain healthy profitability margins, underscoring operational efficiency and effective cost management.
Steady Profitability Amid Scaling Operations
The improvement in profitability alongside rising expenses is a clear indication of ixigo’s ability to scale its operations while maintaining financial discipline. The company’s profit growth of 27% YoY is particularly notable given the competitive and cost-intensive nature of the travel tech industry.
The quarterly performance demonstrates the strength of ixigo’s platform, its diversified revenue streams, and its ability to capture growing demand in the post-pandemic travel boom. The seamless booking experience, data-driven insights, and affordable travel offerings have made ixigo a preferred choice for millions of Indian travelers.
Market Outlook
As travel demand continues to rise domestically and internationally, ixigo is well-positioned to benefit from digital adoption and increased consumer confidence. The company is expected to focus on further innovation in AI, personalized travel planning, and deeper penetration in Tier 2 and Tier 3 cities.
With a strong start to FY26, ixigo’s performance signals a promising year ahead. Continued revenue momentum, disciplined cost structure, and profitability focus will be key drivers as the company looks to consolidate its leadership in the Indian OTA space.
Keywords: ixigo Q1 FY26 results, ixigo profit FY26, ixigo revenue growth, online travel aggregator India, ixigo financial performance, ixigo FY26 earnings, OTA market India, ixigo Q1 net profit, Indian travel tech startup, ixigo business growth
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