IXIGO

What Le Travenues Technology promised, and what happened

Every commitment management made on a call, tracked from the quarter it was made — reaffirmed, revised, diluted or quietly dropped.

Guidance record · Q1 FY27

what the last two calls moved 10 tracked 3 delivered 4 missed 3 open
  • Bus Contribution Margin % delivered said Q3 FY26 Promised: stay somewhere in that sort of range [40s] and not go down into the 30s Q1 FY27: Achieved. Bus CM was 53%, remaining well above the target floor of the 40s.
  • Adjusted EBITDA Margin missed said Q3 FY25 Promised: maintaining a double-digit EBITDA margin Q1 FY27: Missed. Margin fell to 8.19% (29.24cr Adj EBITDA / 356.75cr Revenue) due to strategic investments in hotels and AI.
  • Relative Growth Rate (Flights, Buses, Hotels) on track said Q1 FY26 Promised: continue to grow significantly faster than the market in hotels, buses and flights Q1 FY27: On track. Management claims continued market share gains across all categories, positioning ixigo as the fastest-growing flight OTA and increasing train OTA share to 63%.

The rest of the ledger

Above is what the last two calls moved. Pro opens all 10 tracked commitments for Le Travenues Technology — every quarter's revision, the source quote behind each one, and the topics management has stopped answering.

See what Pro opens