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Online travel aggregator (OTA) ixigo’s consolidated net profit skyrocketed 127% to INR 16.8 Cr in Q4 FY25 from INR 7.4 Cr in the year-ago quarter. On a sequential basis, this marked an 8% increase from INR 15.5 Cr.
Operating revenue zoomed 72% to INR 284.1 Cr during the quarter under review from INR 164.9 Cr in Q4 FY24. On a quarter-on-quarter (QoQ) basis, the OTA’s top line rose 18% from INR 241.8 Cr.
Including other income of INR 5.9 Cr, ixigo’s total income for the quarter stood at INR 290 Cr as against INR 167.9 Cr in the year-ago quarter.
Meanwhile, total expenses also rose along with the increase in revenue. Expenditure during the quarter under review grew 72% YoY and 18% QoQ to INR 262.9 Cr.
For the full fiscal year FY25, ixigo’s profit surged 34% to INR 81.7 Cr from INR 61.1 Cr in the previous fiscal. Meanwhile, operating revenue increased 40% YoY to INR 932.2 Cr.
(The story will be updated soon.)
The post ixigo Q4: Profit More Than Doubles YoY To INR 17 Cr appeared first on Inc42 Media.
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