Ixigo's Explosive IPO Entry & FY24 Financial Results | Should you invest?
Ixigo made a spectacular entry into the share market by launching its first IPO. And now, it has created a buzz by announcing its financial results for FY24, which will leave you amazed. Let's take a look at the details!
Ixigo's total income has reached 665 crore, which is 28.6% higher than FY23's 517 crore. Its profit for FY24 has soared to 73 crore, almost three times the 23 crore profit of FY23.
The even bigger news is that despite single-digit growth in the flight market due to rising airfares, Ixigo's Gross Transaction Value has increased by 38% YoY, surpassing 10,000 crore, with 75% of this contributed by the flight segment.
Investors who bought Ixigo's pre-IPO shares in the range of 60-90 rupees are now seeing returns more than double. We recommend holding onto Ixigo shares for further gains. If you want to invest in pre-IPO shares, call Planify and make your money fly @ 7065560002.
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