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Le Travenues Technology, the parent company of online travel aggregator Ixigo, saw its net profit increase significantly by 128% year-on-year (YoY) to Rs 16.7 crore for the quarter ended March.
The company reported operating revenue of Rs 284 crore for the quarter, up 72% from Rs 165 crore a year ago, on account of growth across all lines of business.
The company’s total expenses rose to Rs 263 crore in the March quarter from Rs 152 crore in the same period last year. A significant amount of the expenditure was attributed to employee benefits and…
