New Delhi : Le Travenues Technology Ltd, which owns online trip aggregator Ixigo, on Thursday said profit from operations grew by 30.8 percent (time- on- time) in FY24 to Rs.655.9 crore from Rs.501.3 crore in FY23, as profit after duty (PAT) grew by 212.3 percent to Rs.73.1 crore. For the fourth quarter( Q4) FY24, profit from operations grew by 20.4 percent YoY to Rs164.9 crore has helped us continue.
Our robust growth line of 38 percent growth in our GTV and 30.8 percent growth in our profit from operations, ” said Aloke Bajpai, Group CEO and Rajnish Kumar, Group Co-CEO, Ixigo. According to the company, the gross sale value(GTV) crossed Rs.10,000 crore in FY24, growing by 38 percent (YoY) for the full time and by 34.9 percent (YoY) for Q4 FY24.
This was led by Flight GTV expansion of 75 percent for the full time and 63.6 percent for Q4 versus the same quarter in the former time. EBITDA increased by 23.2 percent for Q4 FY24 as compared to the same period in the former time and by 17.8 percent for FY24, amounting to Rs.53.1 crore in FY24.
“Hit double number acclimated EBITDA perimeters in Q4 and all three crucial verticals of breakouts, motorcars and trains during the time despite limited capacity growth in the overall request during the quarter.