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ixigo stock jumps 5% on healthy June quarter performance; profit zooms 78%

Business Standard LogoBusiness Standard9h ago

ixigo stock jumps 5% on healthy June quarter performance; profit zooms 78% - Business Standard

Quick Summary:

The uptick in the share price came on the back of strong June quarter (Q1FY25) results.

Founded in 2007 by Aloke Bajpai and Rajnish Kumar, ixigo is a technology firm dedicated to enhancing the travel experience for Indian users.

Saurabh Devendra Singh, Group CFO, ixigo, said, “Our financial results for Q1FY25 are a testament to our disciplined approach of balancing growth and profitability.


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Article Details

Category: BusinessFinance

Markets:

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Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-02 @ 12:35:14 (9 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 593 words

Reading Time: 4 minutes read

Sentences: 25 lines

Sentence Length: 24 words per sentence (average)

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

Copyright Owner: © Business Standard

News ID: 21895561

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 268 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 2 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

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Publisher ID: #49

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