Yatra denies ixigo stake-buy report as consolidation talk grips online travel
Yatra called CNBC Awaaz's claim that ixigo promoters are in advanced talks for a 15-20% stake 'inaccurate'. The denial lands as ixigo deploys its ₹1,295 Cr QIP across Brevistay, Trenes and Sqaas, while Yatra's Q4 profit slid 46% YoY to ₹8.2 Cr on ₹189 Cr revenue.
Yatra denied CNBC Awaaz report that ixigo promoters are in advanced talks to acquire 15-20% promoter stake. ixigo has been aggressively pursuing travel and AI acquisitions, including Brevistay, Trenes and Sqaas, using QIP proceeds of ₹1,295 Cr.
Why this matters
The denial follows a weak Q4 print where Yatra's revenue slid 13.7% and profit nearly halved, even as FY26 full-year profit grew 28%, leaving the consolidation narrative alive.
Retail-company signals steady at 3,440 over the last 90 days.