LE TRAVENUES TECHNOLOGY L

Le Travenues Technology Limited (ixigo) reported its Q1 FY27 financial results during an earnings conference call on August 6, 2026. Management highlighted a 19% year-on-year increase in gross transaction value (GTV) to Rs. 5,524 crores and a 13% rise in revenue from operations to Rs. 356.75 crores. Profit after tax surged 81% year-on-year to Rs. 34.24 crores, although adjusted EBITDA decreased by 7% to Rs. 29.24 crores. Management noted challenges in the aviation sector due to the Iran conflict affecting airfares and capacity, while the bus segment showed strong growth, with a 39% increase in GTV. The hotel business is identified as a key growth area, with significant investments planned. Management emphasized a focus on long-term value creation over short-term margin maximization, particularly through investments in AI and hotel operations.

Management reported strong growth metrics while also acknowledging challenges in certain segments.