Ixigo’s buses led on contribution margin, while flights led on booking value in Q1 FY27

Inc42 reports that in Q1 FY27, ixigo’s flights led in gross transaction value at ₹2,342 crore. Buses generated ₹947 crore but posted the highest contribution margin at 53%, while trains recorded ₹2,139 crore in transaction value and a 37% contribution margin. Inc42 says ixigo is using operating leverage from those businesses to invest in hotels, AI and brand building.