The financial figures for the fourth quarter of the current fiscal year (Q4 FY25) were made public by online travel aggregator (OTA) Ixigo on Wednesday. In the same time frame, the company's scale grew by 72 percent, and its year-over-year (YoY) profits grew by 2.4X.
Based on the company's consolidated financial data obtained from the National Stock Exchange (NSE), Ixigo's operating revenue increased 72 percent to Rs. 284 crore in Q4 FY25 from Rs. 165 crore in Q4 FY24.
Ixigo's operating revenue for the entire fiscal year (FY25) rose 39 percent from Rs. 656 crore in FY24 to Rs. 914 crore in FY25.
Train ticketing accounted for the largest portion (44 percent) of the Gurugram-based company's operating revenue, which increased from Rs. 94 crore in Q4 FY24 to Rs. 124 crore in Q4 FY25. Booking services for buses and flights accounted for 23 percent and 30 percent of the company's total income, respectively.
The company claims that in the fourth quarter of FY25, its gross transaction value (GTV) increased by 65 percent year over year to Rs. 4,418 crore from Rs. 2,685 crore in the same quarter the year before.
The company's overall topline for the quarter ended March 2025 was Rs. 290 crore, which included Rs 6 crore from interest and gains from financial assets in addition to operating revenue.
Ixigo's quarterly financial filings do not include a thorough breakdown of costs. Employee benefits costs, meanwhile, increased 31 percent year over year to Rs. 46 crore. In Q4 FY25, the company's overall expenses increased by 73 percent to Rs. 263 crore from Rs. 152 crore in Q4 FY24. The company's total expenses increased to Rs. 846 crore for the full fiscal year that ended in March 2025 from Rs. 628 crore for FY24.
Ultimately, Ixigo's net earnings increased from Rs. 7 crore in Q4 FY24 to Rs. 17 crore in Q4 FY25, a 2.4X increase. Fiscally speaking, their net profit dropped from Rs. 73 crore in FY24 to Rs. 60 crore in FY25, an 18 percent fall.
With a total market value of Rs. 6,500 crore (about $760 million), Ixigo is currently trading at Rs. 167 at the end of today's session.
