India · Delayed Price · Currency is INR Le Travenues Technology Earnings Call Transcripts
Fiscal Year 2026
-
FY 2026 saw 34% revenue and 28% adjusted EBITDA growth, with strong cash flow and record PAT. Buses led contribution margin growth, flights gained market share, and AI investments advanced, while trains faced regulatory headwinds but maintained share.
-
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.
-
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.
-
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
-
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.
-
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.
-
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.
-
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
-
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.