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Ixigo revenue up 42% in Q3 yet profits halve amid escalating expenses

YourStory LogoYourStory1d ago

Ixigo revenue up 42% in Q3 yet profits halve amid escalating expenses - YourStory

Quick Summary:

Ixigo’s revenue operations jumped 41.76% year-on-year (YoY) to Rs 241.76 crore in Q3 FY25, with a 17.09% quarter-on-quarter (QoQ) increase from Q2’s Rs 206.47 crore.

Employee costs also climbed, reaching Rs 40.59 crore in Q3, up 5% from Q2 and 15.47% YoY.

However, net profit plummeted 49.28% YoY to Rs 15.54 crore, despite an 18.80% QoQ rise.


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Ixigo revenue up 42% in Q3 yet profits halve amid escalating expenses - YourStory (Picture 1)Ixigo revenue up 42% in Q3 yet profits halve amid escalating expenses - YourStory (Picture 2)

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Article Details

Author / Journalist: Sayan Sen

Category: StartupsEconomyBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-28 @ 14:35:49 (1 days ago)

News Timezone: GMT +8:00

News Source URL: yourstory.com

Language: English

Article Length: 337 words

Reading Time: 2 minutes read

Sentences: 25 lines

Sentence Length: 14 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © YourStory

News ID: 25581928

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About YourStory

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Main Topics: StartupsEconomyBusiness

Official Website: yourstory.com

Update Frequency: 11 posts per day

Year Established: 2008

Headquarters: India

News Last Updated: 8 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #44

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