Ixigo’s Q4 net profit jumps 55%, triples for full year

Online travel booking platform Ixigo, which went public last month, has reported a 20% year-on-year (YoY) increase in its operating revenue to Rs 164.8 crore for the quarter ended March 2024. Its net profit in the period jumped 55% to Rs 7.3 crore.

For the fiscal year 2024, Ixigo’s net profit more than tripled to Rs 73 crore from Rs 23 crore in FY23. Revenue from operations grew by 31% on year in FY24 to Rs 655.8 crore.