ixigo Shares Jump Almost 5% Intraday On Strong Q1 Performance

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)