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Continuing its losing spree after it reported underwhelming Q2 numbers, shares of travel tech major ixigo
fell as much as 5.4% to INR 255.65 during the intraday trading on the BSE today.
The company, on Wednesday (October 29), posted a net loss of INR 3.5 Cr in Q2 FY26 as against a net profit of INR 13.1 Cr in the same quarter last year. The loss was largely due to one-time ESOP expenses of INR 26.9 Cr. Meanwhile, operating revenue rose 36% YoY and 10% QoQ to INR 282.7 Cr during the quarter.
At…
