India, Oct. 29 -- Travel tech major ixigo slipped into the red in Q2 FY26, reporting a net loss of INR 3.5 Cr as against a net profit of INR 13.1 Cr in the year-ago quarter. The company had reported its highest ever quarterly profit of INR 18.9 Cr in Q1 FY26.

Operating revenue rose 36% to INR 282.7 Cr during the quarter under review from INR 206.5 Cr in Q2 FY25. Sequentially, the top line declined 10% from INR 314.5 Cr.

Including other income of INR 5.2 Cr, the company's total income for the quarter stood at INR 287.9 Cr. Total expenses surged 51% YoY to INR 290.4 Cr during the quarter.

(The story will be updated soon)

The post ixigo Slips Into Red, Posts INR 3.5 Cr Loss In Q2 appeared first on Inc42 Media.

Published by HT Digital Co...