Le Travenues Technology Limited

Le Travenues Technology Limited, doing business as Ixigo, has entered into a share purchase agreement with Twelve Stone LLP and Freshbus Private Limited to sell 46,264 Compulsorily Convertible Preference Shares of Freshbus Private Limited for Rs 7,911 per share, representing a 17.39% stake. The transaction, dated August 13, 2026, will reduce Le Travenues Technology Limited’s shareholding in Freshbus Private Limited from 25.66% to 8.27%, causing Freshbus Private Limited to cease being an associate company, with the sale expected to be completed on or before August 30, 2026, for a total consideration of Rs 365,994,504. Twelve Stone LLP’s designated partners are Mr. Sudhakar Reddy Chirra and Ms. Sasya Chirra, who are also the founder and managing director and a partner, respectively, of Freshbus Private Limited.

Religare Enterprises Ltd, Jyoti CNC Automation Ltd, Rain Industries Ltd and PNC Infratech Ltd are among the other losers in the BSE's 'A' group today, 07 August 2026.Le Travenues Technology Ltd tumbled 13.06% to Rs 175.35 at 14:48 IST.The stock was the biggest loser in the BSE's 'A' group.On the BSE, 3.64 lakh shares were traded on the counter so far as against the average daily volumes of 56259 shares in the past one month.Religare Enterprises Ltd lost 9.89% to Rs 231.5. The stock was the second biggest loser in 'A' group.On the BSE, 1.22 lakh shares were traded on the counter so far as against the average daily volumes of 92666 shares in the past one month.Jyoti CNC Automation Ltd crashed 9.04% to Rs 787.45. The stock was the third biggest loser in 'A' group.On the BSE, 4 lakh shares were traded on the counter so far as against the average daily volumes of 57615 shares in the past one month.Rain Industries Ltd plummeted 7.26% to Rs 224.35. The stock was the fourth biggest loser in 'A' group.On the BSE, 10.52 lakh shares were traded on the counter so far as against the average daily volumes of 3.19 lakh shares in the past one month.PNC Infratech Ltd dropped 6.61% to Rs 224.05. The stock was the fifth biggest loser in 'A' group.On the BSE, 11.34 lakh shares were traded on the counter so far as against the average daily volumes of 62821 shares in the past one month.

Le Travenues Technology Ltd share price softened by 1.32% to Rs 201.7. The Company's net profit inched up 6.83% to Rs 34.24 crore, while revenue from operations increased 15.81% to Rs 356.75 crore in Q2FY26 over Q1FY26. The market capitalization of Tour, Travel Related Services industry group stocks on BSE stood at Rs 87816.54 crore, gaining 9.41%. It has marginally improved by 6.02% over last one week and gained upto 7.91% in last one month while the market capitalization of Le Travenues Technology Ltd has improved by 4.24% and 20.52% in the same period respectively. Profit before tax (PBT) of Le Travenues Technology Ltd stood at Rs 44.16 crore in Q2 FY26, jumping 67.72% year-on-year, and expanding by 31.04% quarter-on-quarter. EBITDA came in at Rs 5 crore, tumbling by 125.75% YoY and nosediving by 182.27% sequentially. Total expenses increased by 17.10% to Rs 337.09 crore in Q2FY26 over Q2FY25. During the quarter, employee benefits expense was at Rs 58.59 crore, surging 20.70% YoY. For the TTM ended FY26, revenue from operations witnessed a strong growth of 39.40% to Rs 914.25 crore, while net profit dropped 17.53% to Rs 60.25 crore, compared to previous TTM. EBITDA jumped by 3104% to Rs 62.85 crore, and PBT witnessed a strong rise of 33.81% to Rs 81.72 crore compared to previous TTM. The company's consolidated net cash flow from operating activities stood at Rs 122.21 crore in FY26, as against Rs 43.22 crore in FY25. Le Travenues Technology Ltd plunged by 15.12% in last one year, underperforming the benchmark BSE Sensex which has eased by 2.64% during the same period.

Le Travenues Technology will hold a meeting of the Board of Directors of the Company on 6 August 2026.

The company has also committed Rs 12 crore to two artificial intelligence startups as part of its strategy to strengthen its hotels business and technology capabilities. The acquisition will include a non-compete fee and, upon completion, Brevistay will become a subsidiary of ixigo. The company will also have the right to acquire the remaining stake in the hotel-booking platform in the future, subject to certain conditions. Founded in 2016, Brevistay operates a platform that enables users to book hotel rooms for flexible durations, including hourly stays. The company reported an unaudited turnover of Rs 18.1 crore in FY26, compared with Rs 12.23 crore in FY25 and Rs 8.83 crore in FY24. The transaction is expected to be completed on or before July 31, 2026. With the acquisition, ixigo aims to strengthen its hotels business and expand its accommodation offerings. In a separate development, ixigo approved an investment of Rs 7.5 crore in Ofintelligence Technologies Pvt Ltd (Proactai) for a 10.34% stake through subscription of compulsorily convertible preference shares. Proactai, incorporated in May 2024, develops vertical foundational AI models focused on person re-identification and object tracking. The startup reported unaudited revenue of Rs 12.02 lakh in FY26. The company also approved an investment of Rs 4.5 crore in Forgeurai Systems (Vestra.AI) through subscription of 450,000 fully convertible debentures. Vestra.AI develops AI operating systems for enterprises, focusing on autonomous AI agent orchestration and workflow automation. The company reported revenue of Rs 1.25 lakh in FY26. According to ixigo, the investments in Proactai and Vestra.AI will help accelerate development of AI-powered software and strengthen its artificial intelligence capabilities. All transactions will be executed in cash and are subject to customary closing conditions. The company said none of the deals are related-party transactions. Le Travenues Technology was founded in 2006 and is an online travel agency (OTA) that enables travelers to book train, flight, and bus tickets as well as hotels via its OTA platforms under the brand name 'ixigo'. The company's consolidated net profit jumped 91.1% to Rs 31.96 crore on 8.4% rise in revenue from operations to Rs 308.05 crore in Q4 FY26 over Q4 FY25. Powered by Capital Market - Live

The company has also committed Rs 12 crore to two artificial intelligence startups as part of its strategy to strengthen its hotels business and technology capabilities. The acquisition will include a non-compete fee and, upon completion, Brevistay will become a subsidiary of ixigo. The company will also have the right to acquire the remaining stake in the hotel-booking platform in the future, subject to certain conditions. Founded in 2016, Brevistay operates a platform that enables users to book hotel rooms for flexible durations, including hourly stays. The company reported an unaudited turnover of Rs 18.1 crore in FY26, compared with Rs 12.23 crore in FY25 and Rs 8.83 crore in FY24. The transaction is expected to be completed on or before July 31, 2026. With the acquisition, ixigo aims to strengthen its hotels business and expand its accommodation offerings. In a separate development, ixigo approved an investment of Rs 7.5 crore in Ofintelligence Technologies Pvt Ltd (Proactai) for a 10.34% stake through subscription of compulsorily convertible preference shares. Proactai, incorporated in May 2024, develops vertical foundational AI models focused on person re-identification and object tracking. The startup reported unaudited revenue of Rs 12.02 lakh in FY26. The company also approved an investment of Rs 4.5 crore in Forgeurai Systems (Vestra.AI) through subscription of 450,000 fully convertible debentures. Vestra.AI develops AI operating systems for enterprises, focusing on autonomous AI agent orchestration and workflow automation. The company reported revenue of Rs 1.25 lakh in FY26. According to ixigo, the investments in Proactai and Vestra.AI will help accelerate development of AI-powered software and strengthen its artificial intelligence capabilities. All transactions will be executed in cash and are subject to customary closing conditions. The company said none of the deals are related-party transactions. Le Travenues Technology was founded in 2006 and is an online travel agency (OTA) that enables travelers to book train, flight, and bus tickets as well as hotels via its OTA platforms under the brand name 'ixigo'. The company's consolidated net profit jumped 91.1% to Rs 31.96 crore on 8.4% rise in revenue from operations to Rs 308.05 crore in Q4 FY26 over Q4 FY25. The scrip rose 1.63% to end at Rs 155.45 on the BSE on Friday, June 5, 2026. Powered by Capital Market - Live

Net profit of Le Travenues Technology rose 91.15% to Rs 31.96 crore in the quarter ended March 2026 as against Rs 16.72 crore during the previous quarter ended March 2025. Sales rose 8.41% to Rs 308.05 crore in the quarter ended March 2026 as against Rs 284.14 crore during the previous quarter ended March 2025. For the full year,net profit rose 19.86% to Rs 72.13 crore in the year ended March 2026 as against Rs 60.18 crore during the previous year ended March 2025. Sales rose 34.32% to Rs 1228.04 crore in the year ended March 2026 as against Rs 914.25 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales308.05284.14 8 1228.04914.25 34 OPM %6.507.56 -5.027.85 - PBDT38.0926.86 42 106.1687.46 21 PBT33.7023.89 41 91.3477.12 18 NP31.9616.72 91 72.1360.18 20 Powered by Capital Market - Live

Le Travenues Technology will hold a meeting of the Board of Directors of the Company on 21 May 2026.

AbhiBus (ixigo's bus business), one of India's leading online bus ticketing platforms, has partnered with Uber to power intercity bus ticket bookings within the Uber app. Uber users across India can now book intercity bus tickets directly within the app, leveraging AbhiBus's robust inventory and booking technology. Through this partnership, users gain access to AbhiBus's extensive network of over 6 lakh routes operated by over 6,200 bus operators nationwide. To book, users can navigate to the Home or Services section on the Uber app and select the 'Intercity' option. After entering their origin, destination and travel date, they can browse available bus services, choose preferred seats and complete their booking smoothly within the app using integrated payment options. Powered by AbhiBus's end-to-end booking technology and deep operator integrations, Uber users can discover and compare bus options, check real-time seat availability and select preferred seats directly within the app. They can also filter by bus types such as AC, Sleeper, Seater, Volvo and Scania, view 360' bus photos on select routes, track live bus status, opt for Abhi Assured with defined compensation benefits in case of service disruptions, and access 24'7 customer support. The partnership expands Uber's mobility ecosystem beyond intra-city rides by integrating bus travel into a single app, enabling users to plan both short-distance and intercity journeys seamlessly.Powered by Capital Market - Live

Net profit of Le Travenues Technology rose 56.31% to Rs 24.26 crore in the quarter ended December 2025 as against Rs 15.52 crore during the previous quarter ended December 2024. Sales rose 31.35% to Rs 317.56 crore in the quarter ended December 2025 as against Rs 241.76 crore during the previous quarter ended December 2024. ParticularsQuarter EndedDec. 2025Dec. 2024% Var. Sales317.56241.76 31 OPM %7.428.06 - PBDT39.2024.09 63 PBT35.2721.46 64 NP24.2615.52 56 Powered by Capital Market - Live