Ixigo FY26 Results- Profit Jumps 90%, Company Expands AI and European Rail Business

Le Travenues Technology, which runs the travel platform Ixigo, has reported strong financial growth for FY26. The company is now focusing heavily on artificial intelligence, rail travel, and international expansion as it looks to strengthen its position in India’s online travel market.

Ixigo Reports Strong Revenue and Profit Growth

Ixigo delivered a solid performance during the fourth quarter of FY26. The company’s revenue increased by 8.5% year-on-year to ₹308 crore, compared to ₹284 crore in the same period last year. Net profit also saw major growth, rising more than 90% to around ₹32 crore.

For the full financial year FY26, Ixigo’s total revenue from operations jumped 34% to ₹1,228 crore. The company’s yearly profit also grew nearly 19% to ₹71.48 crore.

Train bookings continued to be Ixigo’s biggest business segment. The train category generated more than ₹511 crore during FY26 and contributed around 40% of the company’s Q4 revenue. Train booking value crossed ₹7,500 crore, showing strong demand from passengers across India.

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Flight bookings became the company’s fastest-growing segment during the year. Revenue from flights increased 54% to ₹390.6 crore. The bus business also performed well, generating close to ₹298 crore in revenue.

Ixigo also reported healthy cash flow growth, showing stable customer demand and better financial management.

Fresh Funding Gives Push to Expansion Plans

After its successful IPO in 2024, Ixigo raised another ₹1,295 crore through a preferential share issue in November 2025. The investment came from a Prosus affiliate, which bought a 10.1% stake in the company.

Ixigo said the money will be used for business growth, acquisitions, working capital, and technology development.

The company has already started spending aggressively on customer growth and marketing. In Q4 alone, over ₹133 crore was spent on discounts and online advertising, especially on Google platforms.

A part of the funds is still kept in fixed deposits and mutual funds, giving the company strong financial support for future plans.

Ixigo Enters European Rail Market

In February 2026, Ixigo announced two major acquisitions in Spain as part of its international expansion strategy.

The company acquired a 60% stake in Spanish train booking platform Trenes for around ₹126 crore. Trenes is considered Spain’s second-largest rail-focused online travel platform and works with major train operators like Renfe and Eurostar.

This deal gives Ixigo entry into the European rail travel market, which is growing quickly due to rising demand for sustainable travel options.

Ixigo also bought a stake in Spain-based AI startup Sqaas to strengthen its technology and AI research capabilities.

The company believes these deals will help it build a stronger global rail and travel technology business in the coming years.

AI Becomes a Major Focus Area

Artificial intelligence is now playing a big role in Ixigo’s future strategy. The company recently integrated its services with OpenAI’s ChatGPT platform. Users can now search flights, check boarding details, and plan trips through AI-powered conversations. Ixigo’s other platforms, including AbhiBus and ConfirmTkt, are also available through ChatGPT services.

The company says this move can reduce dependence on expensive online advertising and improve customer experience. Ixigo also expanded its partnership with OpenAI through enterprise API services to automate operations and improve efficiency.

Its AI assistant, TARA, handled more than 4 million customer queries during Q4 FY26. According to the company, the system solved over 80% of voice calls and more than 91% of text chats without human support.

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The company also launched a new AI-powered hotel platform called HELLO. The platform helps hotel partners manage room listings, pricing, payments, and other operations more easily.

Smaller Cities Continue to Drive Growth

Ixigo said nearly 94% of its transactions now come from Tier-II, Tier-III, and Tier-IV cities. The company has built a strong user base outside metro cities, especially in rail ticket bookings. It currently holds around 58-60% market share in India’s online rail booking segment. Its extra travel services, including waitlist guarantees, price lock features, and assured bus services, are also helping the company improve profits and customer loyalty.

At the same time, new IRCTC rules, including mandatory Aadhaar verification for online bookings, are expected to bring more transparency to railway ticketing. With strong financial growth, AI expansion, and international acquisitions, Ixigo is now aiming to become a major global travel and rail technology company.