# Ixigo swings to ₹63 crore profit in Q2, revenue up 13% 2026-10-20T10:05:57+00:00 | Business & Economy | Indian Opinion Desk Corroboration: 6 independent outlets Le Travenues Technology, the parent of online travel platform Ixigo, reported a consolidated net profit of ₹63.42 crore for the September quarter, compared with a net loss of ₹3.46 crore a year earlier. Revenue from operations rose 13% year-on-year to ₹321 crore. The profit was boosted by a ₹40.7 crore exceptional gain from the partial sale of its stake in inter-city bus operator Freshbus in August. Among segments, train revenue grew 16% to ₹149 crore, bus revenue rose 24% to ₹81 crore, but flight revenue fell 8% to ₹83 crore. Hotels, disclosed as a separate segment for the first time, posted GTV growth of 159% to ₹111 crore and revenue surging over 500% to ₹8.1 crore. Adjusted EBITDA declined 17% year-on-year to ₹23.58 crore. For the first half of FY27, operating revenue stood at ₹678 crore and net profit at ₹97.6 crore. Ixigo shares jumped over 13% on Monday, 19 October, to an intraday high of ₹163.30. Motilal Oswal retained a Neutral rating, citing continued investments in hotels and AI that could weigh on margins. ## Indian Opinion Analysis All six sources neutrally report the Ixigo Q2 turnaround, framing it around the 13% revenue rise and the exceptional gain from the Freshbus stake sale. CNBCTV18 and Business Standard lead with the net profit figure and the hotel segment's 159% GTV growth, while Inc42 and Entrackr emphasise the sequential revenue decline of 10% and the exceptional gain's role in the profit. Livemint adds the market reaction, reporting a 13% share jump, and a Neutral rating from Motilal Oswal, citing margin concerns from hotel and AI investments. The uniform core is that underlying operating profit before exceptional items was ₹31 to 33.5 crore, and adjusted EBITDA fell 17% year-on-year to ₹23.58 crore, its lowest in five quarters, per Entrackr. No source adds editorial commentary, leaving the balanced reading as a profitable quarter boosted by a one-time stake sale, with margins under pressure from growth investments. ## Coverage Coverage: 6 sources, 6 neutral - cnbctv18.com (neutral report) Leads with profit swing and revenue growth, neutral details - economictimes.indiatimes.com (neutral report) Leads with net profit and train bookings, neutral ETtech synopsis - inc42.com (neutral report) Leads with profit swing and exceptional gain, notes sequential decline - business-standard.com (neutral report) Leads with all-time high PAT and Freshbus stake sale, neutral quarterly fact - entrackr.com (neutral report) Leads with profit and Freshbus exit, adds sequential revenue drop - livemint.com (neutral report) Leads with 13% share jump, adds Motilal Oswal Neutral rating This brief was synthesised by AI from the 6 sources linked above, so one read covers every framing they carry. Tags: Aloke Bajpai, ixigo, Le Travenues Technology, Motilal Oswal, Rajnish Kumar Canonical: https://indianopinion.org/ixigo-swings-to-rs63-crore-profit-in-q2-revenue-up-13/ License: Summary and commentary (c) Indian Opinion, reusable with attribution. Facts belong to the linked sources. Cite: https://indianopinion.org/ixigo-swings-to-rs63-crore-profit-in-q2-revenue-up-13/#story-in-brief How this brief was made: an AI model read the reports linked above and wrote this summary and analysis, which were published automatically. Published briefs are sampled every hour by an automated quality check; the editor verifies its findings and approves corrections, and corrected briefs carry a dated correction line. Stance labels are editorial classifications of how each outlet framed this story, assigned by the same model, not ratings of the outlets. We do no original reporting. Methodology: https://indianopinion.org/ai-use-policy/