ixigo Slips Over 5%, Down Over 20% In 3 Sessions

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Continuing its losing spree after it reported underwhelming Q2 numbers, shares of travel tech major ixigo fell as much as 5.4% to INR 255.65 during the intraday trading on the BSE today. 

The company, on Wednesday (October 29), posted a net loss of INR 3.5 Cr in Q2 FY26 as against a net profit of INR 13.1 Cr in the same quarter last year. The loss was largely due to one-time ESOP expenses of INR 26.9 Cr. Meanwhile, operating revenue rose 36% YoY and 10% QoQ to INR 282.7 Cr during the quarter.

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ixigo Slips Over 5%, Down Over 20% In 3 Sessions


Continuing its losing spree after it reported underwhelming Q2 numbers, shares of travel tech major ixigo fell as much as 5.4% to INR 255.65 during the intraday trading on the BSE today. 

The company, on Wednesday (October 29), posted a net loss of INR 3.5 Cr in Q2 FY26 as against a net profit of INR 13.1 Cr in the same quarter last year. The loss was largely due to one-time ESOP expenses of INR 26.9 Cr. Meanwhile, operating revenue rose 36% YoY and 10% QoQ to INR 282.7 Cr during the quarter.

At…



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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