India, Jan. 28 -- Online travel aggregator (OTA) company ixigo's consolidated net profit slumped 49% to INR 15.54 Cr in the third quarter of the financial year 2024-25 (Q3 FY25) from INR 30.65 Cr in the year-ago quarter.
However, on a quarter-on-quarter basis, net profit jumped 19% from INR 13.09 Cr.
The decline came despite a significant uptick in the company's top line. ixigo's revenue from operations zoomed 42% to INR 241.76 Cr during the quarter under review from INR 170.55 Cr in Q3 FY24.
Sequentially, it rose 17% from INR 206.47 Cr.
Including an other income of INR 5.23 Cr, ixigo's total revenue for the quarter went up 41% YoY to INR 246.99 Cr.
(The story will be updated soon.)
The post ixigo's Q3 Profit Declines 49% YoY To INR...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.