India · Delayed Price · Currency is INR Le Travenues Technology Earnings Call Transcripts
Fiscal Year 2026
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Revenue grew 31% year-over-year to INR 317.6 crores, with PAT up 64% and record GTV despite major flight disruptions. Strong growth in international flights and buses, with AI-driven customer support and new product innovations driving resilience and market share gains.
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Revenue grew 37% year-over-year to INR 282.7 crore, with strong GTV and EBITDA growth despite market headwinds in flights and trains. A major fundraise will fuel AI and hotel investments, while disciplined capital allocation and product innovation drive continued outperformance.
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Q1 FY2026 saw record revenue and profit, with strong growth across flights, trains, and buses despite market disruptions. AI-driven efficiency, product innovation, and brand investments fueled market share gains and operational leverage, which is being reinvested for future growth.
Fiscal Year 2025
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Q4 and FY 2025 saw record growth in GTV, revenue, and user engagement, with strong market share gains across trains, flights, and buses. Value-added services and AI-driven innovation fueled profitability and operating leverage, while the company remains focused on long-term growth and customer experience.
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Q3 saw record GTV and revenue growth, led by flights and buses, with strong market share gains and double-digit EBITDA margin. Strategic investments in technology and AI continue, while new initiatives like Travel Guarantee and food delivery integration drive user engagement.
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Q2 FY2025 saw record GTV, revenue, and EBITDA, with strong growth across trains, flights, and buses, especially in Tier 2/3/4 towns. The company acquired a majority stake in Zoop to expand train e-catering, launched new fintech and data-driven products, and maintained healthy margins while prioritizing growth over margin expansion.
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Q1 FY25 saw record GTV, revenue, and adjusted EBITDA, with strong growth in trains, flights, and buses. International flight GTV surged 71% YoY, and new tech/product launches enhanced user experience. Supply constraints in domestic aviation are expected to ease in H2 FY25.
Fiscal Year 2024
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FY24 saw record GTV growth of 38% YoY, strong user expansion, and improved profitability, with new partnerships and AI-driven innovations fueling further growth. Segment margins remained robust despite industry headwinds, and the company is investing in brand and technology for long-term gains.