Ixigo Share Price: Shares of travel aggregator Ixigo’s parent company Le Trevenues Technologies are seeing a rise. Despite the weak market, the stock witnessed heavy buying during the day’s trading. There was such a rush by investors to buy the stock that its price on the BSE rose 15% on the day to Rs. A high of 165.95 was reached. However, the share price fell to Rs 155 around 2 pm.

The reason behind this surge in the stock is the company’s second quarter results. The company’s performance figures for the July to September 2026 quarter have been very good. As soon as the quarterly results were announced in the market, investors’ confidence in this stock increased. The surge comes as a big relief to shareholders who have been facing bearish pressure for a long time.

The company has taken a big leap since coming out of losses.

Looking at the company’s financial results, the biggest change has been on the profit front. The company was running at a loss in the same quarter a year ago i.e. September 2025. At that time the company had to suffer a loss of Rs 3.46 crore. But this time in the July-September 2026 quarter, the company has left behind the old weakness and posted Rs. 63.42 crores reported a consolidated net profit. The market mood has changed regarding this stock as it turned from losses to straight gains.

The earnings figures have also seen a good increase. The company’s income from operations, i.e. income from operations, grew 13 percent year-on-year. In the September 2025 quarter, the company’s revenue was Rs. 284.23 crore, which has now increased to Rs. 320.96 crores. However, as the business grew, so did the company’s expenses. In the same quarter a year ago, the company’s total expenditure stood at Rs. 291.89 crore, which increased in this quarter to Rs. 309.51 crores. Apart from this, the gross transaction value (GTV) of the company has also increased by 22 percent year-on-year. Now this figure is Rs. 5,304 crore has been reached.

Hotel business becomes the fastest earning engine

The most important thing in this quarter’s results is the company’s hotel business. According to the company, the hotel business has become its fastest growing business segment in terms of gross transaction value i.e. GTV. This segment registered a robust growth of 159 percent year-on-year. Based on this pace, the GTV of the hotel business has reached Rs 111.34 crore.

This is the first time in the company’s journey that Ixigo has presented its hotel business as a separate business segment. These figures for the hotel segment clearly show that the company is getting a good response from the customers in this category.

How was the investor journey after the listing?

ixigo’s parent company Le Travenews Technology was listed on the stock exchange in June 2024. At that time the company paid its Rs. 740.10 crores in IPO. Currently the total market cap of the company is Rs. 6,900 crore is over. The special thing about this company is its shareholding pattern. The entire 100 percent stake in the company is held by public shareholders.

However, before today’s rally, the last one year has been very difficult for investors. If we look at the performance of the last three months, this stock has declined by 21 percent. At the same time, over the past year, the price of this stock has halved.