Need better infra to attract more international tourists to India: Ixigo group CEO
India needs to have better infrastructure and more high-quality hotels to attract a higher number of international tourists, Ixigo Group CEO Aloke Bajpai said on Thursday. In an interview to PTI, the travel booking platform’s chief shared that the recent terrorist attack in Jammu and Kashmir’s Pahalgam cast a “significant blow” to the state’s tourism momentum, at a time when it was witnessing a major growth in bookings by customers.
On Wednesday, ixigo reported a profit after tax of Rs 16.8 crore in the fourth quarter ended March (Q4 FY25), compared to Rs 7.3 crore in Q4 FY24, an increase of 128 per cent on a YoY basis.
“This has been our strongest quarter yet, driven by consistent quarter-on-quarter acceleration across all lines of business. …We’re also seeing operating leverage kick in as demonstrated in our robust cash flow from operations amounting to Rs 122 crore in FY25,” Bajpai said.
