ixigo’s Q4 FY26 and full-year FY26 results show a company firing on all cylinders, with strong financial growth and a bold AI-native reinvention strategy. Financial Performance - Gross Transaction Value (GTV): ₹18,692.7 Cr (+25% YoY). - Revenue from Operations: ₹1,228 Cr (+34% YoY). - Adjusted EBITDA: ₹120.9 Cr (+28% YoY). - Cash Flow from Operations: ₹195.7 Cr (+60% YoY). - Q4 FY26 PAT: ₹32.1 Cr (+91% YoY, all-time high). - Full-year PAT: ₹71.5 Cr. - Flight Revenue: ₹390.7 Cr (+54% YoY). - Bus Revenue: ₹298 Cr (+51% YoY). Business Highlights - Flights became ixigo’s largest business by GTV in Q4 FY26, crossing ₹2,018 Cr. - Contribution Margin rose 18% YoY to ₹474.3 Cr. - Strong operating discipline and cash conversion highlighted by CFO. AI-Native Reinvention - ixigo NEXT: A fully AI-native travel platform. - TARA: Reinvented as the conversational core for hyper-personalised trip planning and assistance. - Trip Mode: Consolidates post-booking info, updates, and alerts in one interface. - AI Operations: 4.35 Mn customer queries handled in Q4 FY26, with 81% of voice calls managed end-to-end by AI. Management Commentary - CEOs Aloke Bajpai & Rajnish Kumar: Emphasized growth despite macro challenges and the pivot to AI-driven customer experience. - CFO Saurabh Devendra Singh: Highlighted diversified business resilience and strong cash conversion. This performance positions ixigo as one of India’s most resilient and innovative travel-tech players, combining financial strength with AI-led transformation.
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