TBO Tek Q2 FY27: Gross Profit Up 54% YoY to ₹866 Cr

TBO Tek Ltd reported a strong Q2 FY27, with Gross Profit surging 54% YoY to ₹866 Cr (45% in Constant Currency). Adjusted EBITDA grew 47% YoY to ₹152 Cr (37% in Constant Currency). Monthly transacting buyers (TBO Organic + CV) increased 13% YoY to 34,529. The company highlighted resilience in a challenging macro environment, with its organic business showing 21% YoY growth in gross profit and 36% YoY growth in Adj. EBITDA. The India business demonstrated broad-based strength, and the Middle East Hotels + Ancillary business saw a robust recovery with market share gains. Cash and cash equivalents stood at ₹2,060 Cr, and the company prepaid $10Mn of its term loan, reducing total outstanding debt to $60Mn.