TBO Tek Ltd Reports 22% YoY Revenue Growth in Q1’FY26, Despite Macro Headwinds

TBO Tek Ltd, a leading travel technology company, has reported a strong performance in Q1’FY26, with revenue growing by 22% YoY to cross 3500 Cr. The company’s gross profit also increased by 19% YoY. The quarter was marked by significant macro headwinds, but the company’s business remained resilient, with the highest ever Monthly Transacting Buyers (MTBs) at 29,570, up 5.2% YoY and 4.1% QoQ. The Indian market continued to account for a majority of the buyer base, while growth was accelerated by rapidly expanding buyer base in markets like Europe and APAC. The company’s TBO Platinum program now spans 110+ hotels across 40 destinations, reflecting strong momentum in building exclusive partnerships with premium properties globally. The company’s cash and cash equivalents as of 30th June, 2025 were 1,425Cr. The company expects revenue growth to begin outpacing SG&A expenses growth starting Q4’FY26.