{
  "id": 15183389,
  "title": "ixigo Q2 profit at Rs 63 cr on robust show in hotel booking biz",
  "url": "https://urgent.news/2026/10/17/ixigo-q2-profit-at-rs-63-cr-on-robust-show-in-hotel-booking-biz-15183389",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-17T10:51:46.000Z",
  "source": {
    "name": "The Economic Times - Top News",
    "slug": "the-economic-times-top-news",
    "url": "https://economictimes.indiatimes.com/markets/stocks/earnings/ixigo-q2-profit-at-rs-63-cr-on-robust-show-in-hotel-booking-biz/articleshow/135012396.cms"
  },
  "original_language": "en",
  "account": "On Saturday, travel and booking platform ixigo announced a Q2 profit of Rs 63.42 crore, driven by a successful hotel booking segment and a partial stake sale in Freshbus. This marks a stark contrast to the previous year's Q2 loss of Rs 3.46 crore. Hotels took the lead among ixigo's business lines, with gross transaction value (GTV) reaching Rs 111.34 crore, a staggering 159% increase year-over-year. This is the first time the company has reported hotels separately. Overall, ixigo's revenue soared to Rs 320.96 crore, up 13% YoY, while total expenses rose to Rs 309.51 crore from Rs 291.89 crore. CEO Aloke Bajpai, Co-CEO Rajnish Kumar, and CFO Saurabh Devendra Singh attributed the strong performance to investments in hotels and artificial intelligence as keys to long-term growth.",
  "summary": "Ixigo reported a remarkable turnaround with a consolidated net profit of Rs 63.42 crore for the September quarter, bouncing back from a net loss of Rs 3.46 crore from last year. The surge in hotel bookings played a key role in this financial upswing, leading to operational revenue of Rs 320.96 crore.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "YourStory",
        "title": "ixigo Q2 profit at Rs 63 Cr on robust show in hotel booking biz",
        "url": "https://urgent.news/2026/10/17/ixigo-q2-profit-at-rs-63-cr-on-robust-show-in-hotel-booking-biz",
        "published": "2026-10-17T10:58:08.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}