Ixigo Q2 profit rose to 63 crore with revenue up 13%.
Context
What happened: Ixigo reported a net profit of 63.42 crore for the July-September period and a 13% rise in operational revenue to 320.96 crore.
Key numbers: Net profit 63.42 crore; operational revenue 320.96 crore, up 13%; hotel segment Gross Bookings Value above 100 crores, up 159% year-on-year.
Why it matters: The hotel segment's growth drove a significant revenue increase, largely from a loyal user base using its transportation services.
Coverage: 4 outlets in 24h