{"id":1044609,"date":"2026-10-19T11:44:45","date_gmt":"2026-10-19T06:14:45","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=1044609"},"modified":"2026-10-19T11:44:45","modified_gmt":"2026-10-19T06:14:45","slug":"ixigo-shares-jump-13-on-q2-profit-turnaround-but-why-does-motilal-oswal-retain-its-neutral-rating","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/10\/19\/ixigo-shares-jump-13-on-q2-profit-turnaround-but-why-does-motilal-oswal-retain-its-neutral-rating\/","title":{"rendered":"Ixigo shares jump 13% on Q2 profit turnaround, but why does Motilal Oswal retain its Neutral rating?"},"content":{"rendered":"<p>Le Travenues Technology shares, which operate under the ixigo brand, jumped over 13% on Monday, 19 October, after the company reported its September quarter results, posting a consolidated net profit of \u20b963.42 crore for Q2 FY27, compared with a net loss in the year-ago period. The profit was aided by the partial sale of its stake in Freshbus and strong growth in hotel bookings.<\/p>\n<p>The travel and ticket-booking platform had reported a consolidated net loss of \u20b93.46 crore in the July-September quarter of the previous financial year, according to a regulatory filing.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Le Travenues Technology shares, which operate under the ixigo brand, jumped over 13% on Monday, 19 October, after the company reported its September quarter results, posting a consolidated net profit of \u20b963.42 crore for Q2 FY27, compared with a net loss in the year-ago period. The profit was aided by the partial sale of its stake in Freshbus and strong growth in hotel bookings. The travel and ticket-booking platform had reported a consolidated net loss of \u20b93.46 crore in the July-September quarter of the previous financial year, according to a regulatory filing.<\/p>\n","protected":false},"author":11,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[57,13,4],"tags":[],"class_list":["post-1044609","post","type-post","status-publish","format-standard","hentry","category-bpo-live-mint","category-live-mint","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1044609","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=1044609"}],"version-history":[{"count":1,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1044609\/revisions"}],"predecessor-version":[{"id":1044610,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1044609\/revisions\/1044610"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=1044609"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=1044609"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=1044609"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}