TBO Tek Ltd Delivers Strong Q1’FY26 Performance Amidst Macro Headwinds

TBO Tek Ltd, a leading travel technology company, has reported a robust performance for the quarter ended June 30, 2025. Despite significant macroeconomic challenges in key markets, the company's revenue grew by 22% YoY to cross INR 3500 Cr, while gross profit increased by 19% YoY. The company's highest ever monthly transacting buyers (MTBs) stood at 29,570, up 5.2% YoY and 4.1% QoQ. The hotel and ancillary business continued to improve, contributing 84.4% of the gross profit for the quarter. The company's adjusted EBITDA remained flat YoY at INR 333 Cr, while profit after tax grew by 3.4% YoY to INR 363 Cr.