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Shares of travel tech major ixigo slumped as much as 19.32% to INR 261.95 during the intraday trading on the BSE today after the company reported a net loss in Q2 FY26.
The travel major reported a net loss of INR 3.5 Cr in Q2 FY26 as against a net profit of INR 13.1 Cr in the year-ago quarter, largely due to one-time ESOP expenses of INR 26.9 Cr. Its operating revenue rose 36% YoY and 10% QoQ to INR 282.7 Cr during the quarter under review.
At 10:40 IST, shares of ixigo were trading 17.8% lower at INR 266 on the BSE. The company’s market capitalisation stood at INR 10,408.16 Cr (about $1.1 Bn).
The stock is up nearly 50% on a year-to-date basis. It touched its 52-week high at INR 339.05 on October 16.
(The story will be updated soon)
The post ixigo Shares Tank Over 19% After Q2 Loss appeared first on Inc42 Media.
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