ixigo’s Stumble, Zing Pivots & More

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ixigo Loses Steam

ixigo staggered in Q2 FY26. The online travel aggregator (OTA) slipped into the red during the quarter, despite healthy revenue growth, due to one-time ESOP expenses of INR 27 Cr and a broader lull in the travel segment. 

Here is a quick snapshot of ixigo’s Q2 FY26 numbers:

  • It posted a loss of INR 3.5 Cr as afgainst a profit of INR 13.1 Cr in Q2 FY25
  • Operating revenue rose 36% YoY to INR 282.7 Cr 
  • Adjusted EBITDA, excluding ESOP expenses, improved 36% YoY to INR 28.5 Cr
  • Total expenses surged 51% YoY to INR 290.4…



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ixigo’s Stumble, Zing Pivots & More


ixigo Loses Steam

ixigo staggered in Q2 FY26. The online travel aggregator (OTA) slipped into the red during the quarter, despite healthy revenue growth, due to one-time ESOP expenses of INR 27 Cr and a broader lull in the travel segment. 

Here is a quick snapshot of ixigo’s Q2 FY26 numbers:

  • It posted a loss of INR 3.5 Cr as afgainst a profit of INR 13.1 Cr in Q2 FY25
  • Operating revenue rose 36% YoY to INR 282.7 Cr 
  • Adjusted EBITDA, excluding ESOP expenses, improved 36% YoY to INR 28.5 Cr
  • Total expenses surged 51% YoY to INR 290.4…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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