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ixigo Q2 profit at Rs 63 Cr on robust show in hotel booking biz
This was aided by the partial sale of stake in Freshbus and strong growth in the hotel bookings segment.
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Business · 3 sources covering this
ixigo Q2 profit at Rs 63 cr on robust show in hotel booking biz
ixigo (Le Travenues Technology Limited) on Saturday reported a consolidated net profit of Rs 63.42 crore for September quarter, aided by partial sale of stake in Freshbus and strong growth in the hotel bookings segment.The travel and ticket booking platform had posted a net loss of Rs 3.46 crore in the corresponding July-September period of the last financial year, as per a regulatory filing.Hotels emerged as ixigo's fastest-growing business line by gross transaction value (GTV), reaching Rs 11…
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ixigo Q2 profit at Rs 63 cr on robust show in hotel booking biz
ixigo (Le Travenues Technology Limited) on Saturday reported a consolidated net profit of Rs 63.42 crore for September quarter, aided by partial sale of stake in Freshbus and strong growth in the hotel bookings segment.The travel and ticket booking platform had posted a net loss of Rs 3.46 crore in the corresponding July-September period of the last financial year, as per a regulatory filing.Hotels emerged as ixigo's fastest-growing business line by gross transaction value (GTV), reaching Rs 11…
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