India, Jan. 29 -- Shares of ixigo rallied over 9% in early trade to INR 137.40 apiece on the BSE today (January 29) after the online travel aggregator reported strong business growth in the third quarter of the fiscal year 2024-25 (Q3 FY25).

The travel tech company's operating revenue jumped 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.

It posted a consolidated net profit of INR 15.54 Cr in Q3 FY25, which was down 49% from INR 30.65 Cr a year ago, because of the difference in deferred tax charges. The company had a deferred tax expense of INR 5.90 Cr during the quarter under review against a deferred tax credit of INR 16.80 Cr in the year-ago quarter.

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