Le Travenues Technology Limited — Board Meeting, 24-10-2024: Outcome of Board Meeting

Le Travenues Technology Limited reported a strong Q2 FY25, with Gross Transaction Value rising 40% YoY to ₹35,287.40 million. Revenue grew 26% YoY to ₹2,064.70 million, while Adjusted EBITDA surged 326% to ₹209.96 million. Despite a decrease in Profit After Tax to ₹130.85 million due to higher deferred taxes and share of associate losses, the company announced plans to acquire a 51% stake in Zoop Web Services for ₹12.54 crore, enhancing its service portfolio.