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IXIGO Le Travenues Technology News Story

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Consumer CyclicalsSpeculativeMid CapNeutral

India's Le Travenues slips on Q2 profit loss

** Le Travenues Technology LETR.NS slips 18% to 266.3 rupees; marks biggest ever intraday percentage loss

** Stock hits lowest since October 1

** Travel booking platforms operator posts Q2 consol net loss of 31.8 mln rupees ($361,795.32) vs profit of 130.8 mln rupees last year

** Rev from ops rises 37% y/y

** More than 12 mln shares change hands, 2.9x the 30-day avg

** Stock rated "hold" on average; median PT is 330 rupees, per data compiled by LSEG

** YTD, LETR gains 58.8%

($1 = 87.8950 Indian rupees)

 (Reporting by Rudra Pratap Singh in Bengaluru)

 ((rudrapratap.singh@thomsonreuters.com))

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