Shares of Le Travenues Technologies Ltd., the parent company of travel services aggregator Ixigo, tumbled 20% on Thursday, October 30, after the company reported a loss at both EBITDA and net levels year-on-year for the September quarter.

Ixigo's revenue rose 37% year-on-year to ₹282.7 crore, compared to ₹206.4 crore in the same quarter last year.

The company reported an EBITDA loss of ₹3.6 crore, against a profit of ₹17.87 crore a year ago. Net loss stood at ₹3.46 crore, compared to a profit of ₹13.08 crore in the corresponding quarter last year.

Ixigo said its EBITDA adjusted for ESOP expenses rose to ₹28.5 crore, marking a 36% increase year-on-year.

In terms of operating metrics, the company's gross transaction value (GTV) grew 23% to ₹4,347.5 crore. Within this, flight GTV increase

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