Ixigo, a travel technology platform that recently went public on stock exchanges, saw a more than twofold increase in profit in FY24.
The company reported a profit of Rs 73 crore for FY24 compared to Rs 23 crore for the previous financial year. The company released its results for the fourth quarter and full year of FY24 on July 4.
Ixigo’s Financial
In FY24, the Gross Transaction Value (GTV) surpassed Rs 10,000 crore, increasing by 34.9 per cent YoY in Q4 of FY24 and 38 per cent YoY for the entire year. The largest contributor to this was the flight GTV expansion, which increased by 75 per cent for the entire year and 63.6 per cent for the fourth quarter compared to the same period last year.
Its…