Ixigo Operator Le Travenues Posts ₹63 Crore Q2 Profit — Startup Funding India, October 2026

Le Travenues Technology, the company behind travel platform ixigo, has posted another profitable quarter, reinforcing its standing as one of Indian startup funding's most disciplined public-company success stories. For the quarter ended 30 September 2026, the company reported a consolidated net profit of ₹63.42 crore, with basic earnings per share of ₹1.37 — a sharp swing from a loss of ₹0.08 per share in the year-ago quarter.

Revenue from operations rose 12.92% year-on-year to ₹320.96 crore from ₹284.23 crore, while total income grew 18.53% to ₹343.04 crore. Crucially, expense growth stayed contained: total expenses increased just 6.03% to ₹309.51 crore, showing operating leverage as the business scales. For the half-year ended September 2026, consolidated net profit surged to ₹97.66 crore, up from just ₹15.48 crore in the same period last year, while half-year operating revenue climbed to ₹677.71 crore from ₹600.28 crore.

What the quarter signals

Ixigo's numbers arrive in a quarter when listed new-age companies are being judged on one metric: profitable growth. The company's ability to grow revenue at a double-digit pace while keeping expense growth at half that rate is precisely the operating leverage public-market investors want to see. The board also re-appointed PricewaterhouseCoopers Services LLP as internal auditor through March 2027 and announced the trading window will reopen on 20 October 2026.

For private travel-tech startups eyeing eventual listings, ixigo's journey remains the benchmark: AI-first product, train-led margins, and a path to profit that predated the IPO — not one manufactured after it.