Ixigo Swings to Rs 63 Crore Profit in Q2
Ixigo reported consolidated net profit of Rs 63.42 crore for the September quarter, versus a loss of Rs 3.46 crore a year earlier. The company attributed the result partly to a Freshbus stake sale and rapid growth in hotel bookings.
Travel booking platform ixigo posted consolidated net profit of Rs 63.42 crore for the September quarter, versus a loss of Rs 3.46 crore in the year-earlier period. The result was supported by a partial stake sale in Freshbus and rapid growth in hotel bookings. Revenue from operations increased 13 per cent year-on-year to…