Ixigo shares rallied after the travel booking platform reported its highest ever quarterly profit, with strong growth in hotels, flights and buses helping offset a decline in adjusted earnings. The stock rose as much as 13% to ₹163.38 on the NSE.
Ixigo reported an all-time high profit after tax of ₹63.42 crore for the quarter ended September 30. The company said the figure was aided by the partial sale of its stake in Freshbus, making the record profit partly non-operational in nature.
