Le Travenues Technology Limited (ixigo) reported a record Q3 FY26 with sharp rises in revenue, Gross Transaction Value (GTV) and profit, led by strong performance in the flight and bus segments.
Key financial highlights at a glance
The quarter showed sustained momentum across bookings and monetization, with margin improvement and resilient demand for travel services.
| Metric | Value | Year‑on‑Year change |
|---|---|---|
| Revenue from operations | INR 317.6 crore | +31% |
| Gross Transaction Value (GTV) | INR 4,902.9 crore | +21% |
| EBITDA | INR 42.8 crore | +61% |
| Profit Before Tax (PBT) | INR 38.1 crore | +64% |
Drivers of growth: flights, buses and outbound demand
The company’s flight and bus verticals were the main contributors, with flight revenue up 49% and bus revenue up 47% year‑on‑year. Flight GTV grew 22% while bus GTV expanded 36%. Notably, international flight GTV rose more than 50% YoY, signalling healthy outbound travel appetite.
- Flight segment: Strong ticketing volumes and higher yields.
- Bus segment: Continued traction in intercity road travel and last‑mile connectivity.
- International bookings: A clear uptick in outbound demand, especially for leisure travel.
How AI and operations kept service steady during disruptions
During nationwide flight disruptions in early December, ixigo relied on an AI-driven customer experience stack to maintain service levels. The platform’s tools helped manage rebookings, status updates and large volumes of customer contacts with minimal manual intervention.
Automation in action
Usage of the Flight Tracker Pro surged fivefold, and the company’s AI voice systems handled nearly 90% of incoming customer calls over the disruption window—more than 150,000 automated calls—allowing teams to prioritise complex cases.
What this means for transfers, taxis and airport services
Higher flight and bus traffic translates into greater demand for ground transport: airport transfers, intra‑city taxis and private hires. When booking a transfer or cab, travellers increasingly expect up‑to‑date flight tracking, exact pickup times and transparent fares—areas where AI‑enabled travel platforms can deliver a smoother experience.
- Real‑time flight updates reduce missed pickups and waiting time at the airport.
- Multimodal demand boosts need for varied vehicle options: private cars, 4‑seaters, minibuses and even limousines for premium journeys.
- Clear pricing and driver details raise customer confidence when choosing a transfer provider.
Market positioning and executive tone
Le Travenues Technology Limited’s leadership—Rajnish Kumar (Group Co‑CEO), Aloke Bajpai (Group CEO) and Saurabh Devendra Singh (Group CFO)—highlighted the company’s ability to outpace market growth while improving profitability. The executives emphasised resilience of a multimodal approach and a customer‑first philosophy as drivers of sustainable results.
Implications for travellers and travel tech companies
At a glance, ixigo’s quarter points to a travel market that rewards platforms able to combine product breadth (flights, buses, trains) with operational excellence. For taxi and transfer companies, there is an opportunity to partner closely with booking platforms to offer precise pickup coordination, dynamic fare updates and a variety of vehicle types to match traveller needs.
Practical tips for passengers
- Confirm pickup location and driver license/vehicle details ahead of time.
- Choose vehicles with the exact seating and luggage capacity you need.
- Use apps that link flight status to transfer bookings to avoid extra waits and charges.
Start planning your next adventure with an eye on how evolving booking patterns could shift the global tourism and travel map: ixigo’s performance suggests stronger outbound flows and higher demand for reliable airport connections. While this development is not earth‑shattering on a global scale, it is relevant for platforms monitoring travel trends and for service providers adapting to changing passenger expectations. Start planning your next adventure and secure your worldwide transfer with LocalsRide. Book your Ride LocalsRide.com
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In summary, ixigo’s Q3 FY26 performance shows an expanding travel market where flight and bus demand are pulling revenue and GTV higher while AI reduces friction during disruptions. For travellers looking to get from city to destination or to and from the airport, this means better integration between booking platforms and transfer services, clearer pricing and more choice in vehicle type—whether you need a cheap cab, a private limousine, a 4‑seater or a larger seater. Use the app to check exact pickup times, driver details and fares, so you know how much you’ll pay and can book the best service for your needs; LocalsRide.com helps make that process transparent and simple, matching drivers, cars and prices across locations worldwide.