ixigo

ixigo Reports All-Time High PAT of ₹32.1 Cr (+91% YoY) in Q4 FY26; Delivers Strong FY26 Revenue, GTV and Cash Flows

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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