{
  "id": 15573693,
  "title": "ixigo Shares Jumps 13% After Q2 Profit Swings To ₹63 Cr",
  "url": "https://urgent.news/2026/10/19/ixigo-shares-jumps-13-after-q2-profit-swings-to-63-cr",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-19T05:47:39.000Z",
  "source": {
    "name": "Inc42",
    "slug": "inc42",
    "url": "https://inc42.com/buzz/ixigo-shares-jumps-13-after-q2-profit-swings-to-%e2%82%b963-cr/"
  },
  "original_language": "en",
  "account": "Shares of Indian online travel company ixigo surged 13.12% on the BSE after it posted a Q2 FY27 consolidated net profit of ₹63.4 Cr, marking a turnaround from a loss of ₹3.5 Cr in the same period last year. The stock saw a brief rally to ₹163.30 per share before settling at ₹159.80. Company market cap stood at ₹7,066 Cr ($745 Mn) at the higher price point.\n\nOperating revenue increased 12.9% to ₹321 Cr, driven by a 22% YoY rise in gross transaction value (GTV) to ₹5,304.5 Cr across train, bus, flight and hotel bookings. Net profit jumped 85.2% sequentially to ₹63.4 Cr, aided by an exceptional gain of ₹40.7 Cr from a partial sale of Freshbus stake. Other income rose to ₹22.1 Cr from ₹5.2 Cr a year prior.\n\nRevenue declined 10% quarter-over-quarter from ₹356.8 Cr, while total expenses grew 6% YoY to ₹309.5 Cr. EBITDA rose 26.1x YoY to ₹40.1 Cr but adjusted EBITDA margin narrowed 17.2% to ₹23.6 Cr. CEO Aloke Bajpai, Co-CEO Rajnish Kumar and CFO Saurabh Devendra Singh cited the profit surge to ₹63.4 Cr as a testament to the company's resilient growth and strategic moves like Freshbus stake sale.",
  "summary": "Shares of online travel aggregator ixigo rose 13.12% to an intraday high of ₹163.30 apiece on the BSE after the…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "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."
}