ixigo Shares Jump Almost 5% Intraday On Strong Q1 Performance

August 2, 2024

, By INC42

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SUMMARY

Shares of ixigo jumped almost 5% to INR 178.20 apiece during the intraday session on the BSE on Friday

The surge in the stock’s price came a day after the online travel aggregator posted a 78% jump in its PAT to INR 14.85 Cr in Q1 FY25

Revenue from operations also rose 16% to INR 181.87 Cr in the reported quarter from INR 156.55 Cr in Q1 FY24

Shares of Ixigo jumped almost 5% to INR 178.20 apiece during the intraday session on the BSE today (August 2) after the online travel aggregator posted a 78% jump in its profit after tax (PAT) to INR 14.85 Cr for the quarter ended June 2024.

However, the stock shed some of the gains and was trading at INR 176.60 apiece at 11:22 AM.

The stock’s price surged after ixigo reported improved top line and bottom line for Q1 FY25, with its revenue from operations 16% to INR 181.87 Cr in the reported quarter from INR 156.55 Cr in Q1 FY24.

(The story will be updated soon)

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ixigo Shares Jump Almost 5% Intraday On Strong Q1 Performance

August 2, 2024

, By INC42

SUMMARY

Shares of ixigo jumped almost 5% to INR 178.20 apiece during the intraday session on the BSE on Friday

The surge in the stock’s price came a day after the online travel aggregator posted a 78% jump in its PAT to INR 14.85 Cr in Q1 FY25

Revenue from operations also rose 16% to INR 181.87 Cr in the reported quarter from INR 156.55 Cr in Q1 FY24

Shares of Ixigo jumped almost 5% to INR 178.20 apiece during the intraday session on the BSE today (August 2) after the online travel aggregator posted a 78% jump in its profit after tax (PAT) to INR 14.85 Cr for the quarter ended June 2024.

However, the stock shed some of the gains and was trading at INR 176.60 apiece at 11:22 AM.

The stock’s price surged after ixigo reported improved top line and bottom line for Q1 FY25, with its revenue from operations 16% to INR 181.87 Cr in the reported quarter from INR 156.55 Cr in Q1 FY24.

(The story will be updated soon)

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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