Ixigo Financial Results Q4 FY25 – Impressive Growth in Revenue

Online travel aggregator (OTA) Ixigo has unveiled its financial performance for the fourth quarter of the fiscal year (Q4 FY25) on Wednesday. The company has achieved a remarkable 72% increase in scale, while its profits have soared by 2.4 times compared to the previous year during the same quarter.

In Q4 FY25, Ixigo reported a substantial rise in operational revenue, which grew by 72% to reach Rs 284 crore, up from Rs 165 crore in Q4 FY24, according to the company’s consolidated financial data available from the National Stock Exchange (NSE).

Revenue Overview for FY25

For the entire fiscal year (FY25), Ixigo’s operational revenue saw a 39% increase, amounting to Rs 914 crore, compared to Rs 656 crore in FY24.

Revenue Sources

The Gurugram-based firm derived the largest segment (44%) of its operating revenue from train ticketing, which rose to Rs 124 crore in Q4 FY25, up from Rs 94 crore in Q4 FY24. Additionally, flight and bus booking services contributed 30% and 23% to the total revenue respectively.

Gross Transaction Value

According to Ixigo, its gross transaction value (GTV) experienced a significant growth of 65% year-on-year, reaching Rs 4,418 crore in the fourth quarter of FY25, compared to Rs 2,685 crore in the corresponding period of the prior year.

Additional Financial Insights

Alongside operational revenue, the company also garnered Rs 6 crore through interest and gains from financial assets during the quarter, pushing its total revenue to Rs 290 crore for the period ending March 2025.

Cost Analysis

Though Ixigo has not detailed a breakdown of expenses in its quarterly financial reports, it has been noted that employee benefits expenses surged by 31% year-on-year to Rs 46 crore. Overall, the total costs for the company escalated by 73% to Rs 263 crore in Q4 FY25, compared to Rs 152 crore in Q4 FY24. For the complete financial year ending March 2025, total expenses reached Rs 846 crore, an increase from Rs 628 crore in FY24.

Profit Performance

Ultimately, Ixigo’s net profits skyrocketed by 2.4 times, amounting to Rs 17 crore in Q4 FY25, compared to Rs 7 crore in Q4 FY24. However, on a fiscal basis, the net profit saw a decrease of 18%, dropping to Rs 60 crore in FY25 from Rs 73 crore in FY24.

As of the close of today’s trading session, Ixigo is priced at Rs 167 with a market capitalization of Rs 6,500 crore (approximately $760 million).