ixigo Q2 profit at Rs 63 cr on robust show in hotel booking biz

Ixigo, an online travel booking platform, reported a significant profit of Rs 63.42 crore for the second quarter, marking a notable turnaround from last year's loss. This improvement is largely attributed to the company's hotel booking business, which saw a surge in revenue. The strong performance of hotel bookings led to operational revenue of Rs 320.96 crore, indicating a positive trend for the company. This turnaround is significant for the travel industry, as it suggests a recovery in consumer spending and a boost in the company's overall financial health.

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Ixigo's consolidated net profit increased to Rs 63. 42 crore for the September quarter, driven by a robust show in the hotel booking business.

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