Le Travenues Technology, the parent company of the leading online travel aggregator ixigo, has reported unprecedented growth in the third quarter of FY25. The company achieved its highest-ever Gross Transaction Value (GTV), revenue, and Profit Before Tax (PBT), cementing its position as a dominant player in India’s online travel space.

For Q3 FY25, ixigo recorded a 48 per cent year-on-year (YoY) increase in GTV at INR 4036.3 crore, supported by a 42 per cent YoY growth in revenue from operations, which reached INR 241.8 crore. The company also reported a 36 per cent rise in EBITDA to INR 26.6 crore and a 46 per cent YoY increase in PBT, now at INR 23.3 crore.

Train, flight, and bus bookings drove the company’s remarkable performance. While train GTV grew by 27 per cent YoY, flight and bus GTV surged by 73 per cent and 63 per cent YoY, respectively. Revenue from operations rose to INR 241.8 crore, compared to INR 170.5 crore in Q3 FY24, marking a robust 42 per cent increase. ixigo maintained a strong double-digit Adjusted EBITDA margin of over 10 per cent, with Profit After Tax at INR 15.5 crore.

ixigo’s growth trajectory was bolstered by new launches and creative campaigns aimed at enhancing user convenience and engagement.

Marking a new milestone, ixigo has entered the train food delivery segment by acquiring a 51 per cent stake in Zoop Web Services Private Limited for INR 12.54 crore. Zoop, a key player in the train food delivery market, operates at 192 railway stations and is partnered with around 400 restaurants across India. The acquisition will allow ixigo to offer an enhanced dining experience for train travellers, integrating Zoop’s expertise with ixigo’s robust platform.

Commenting on the results, Rajnish Kumar, Group Co-CEO, and Aloke Bajpai, Group CEO of ixigo said, “Q3 FY25 has been our best quarter yet. With market share gains across all verticals, we’ve achieved record-breaking numbers while doubling our EBITDA for the year-to-date compared to FY24. Our focus on innovation, customer-centric features, and AI-driven tools positions us for sustained growth in the mid-term.”

Saurabh Devendra Singh, Group CFO, added: “Our robust GTV growth of 48 per cent and consistent double-digit Adjusted EBITDA margins demonstrate our ability to balance expansion with profitability. Q3 FY25 sets a solid foundation for the future.”

As ixigo continues to diversify and expand, the company remains focused on investments in new verticals such as hotels and AI-driven technologies. With the Maha Kumbh 2025 and a growing user base, ixigo is well-positioned to outperform the broader online travel agency market and redefine travel experiences for millions of Indians.