| Metric | Value (₹ Cr) | Q2 FY26 | Q3 FY25 |
|---|---|---|---|
| Revenue | 784.33 | 38.2% | 85.8% |
| Total Income | 796.67 | 36.7% | 81.6% |
| Expenditure | 725.26 | 43.8% | 88.1% |
| PBT | 66.10 | 15.5% | 16.1% |
| Net Profit | 53.69 | 20.5% | 7.4% |
| OPM | 12.12% | 3.40pp | 6.97pp |
| NPM | 6.74% | 4.85pp | 4.65pp |
| EPS | 5.03 | 20.4% | 7.0% |
TBO Tek Ltd Reports 86% YoY Revenue Growth in Q3 FY26, Driven by Broad-Based Growth and Classic Vacations Integration
11 Feb 2026 · 11 Feb, 5:08 pm
Summary
TBO Tek Ltd, one of the largest global travel distribution platforms, announced its unaudited financial results for Q3’FY26. The company reported a 86% YoY growth in revenue from operations, a 63% YoY growth in gross profit, and a 53% YoY growth in adjusted EBITDA. The quarter also saw a broad-based growth across various markets and the integration of Classic Vacations, which expanded the scale of the platform.
Key Highlights
- 1
Revenue from operations up 86% YoY
- 2
Gross Profit up 63% YoY
- 3
Adjusted EBITDA up 53% YoY
- 4
Broad-based growth across Europe, APAC, MEA and India
- 5
33,324 Monthly Transacting Buyers, up 16% YoY
- 6
GTV grew 35% YoY to 29,709 Cr
- 7
Healthy performance on several key aspects for overall growth trajectory
- 8
Enterprise GTV to Adj. EBITDA conversion improved to 1.18% in Q3 FY26
Management Comments
Mr. Gaurav Bhatnagar
Co-founder and Joint MD, TBO Tek Limited
This quarter represents an important milestone for TBO as we integrate Classic Vacations into our financial and operating metrics for the first time. The consolidation meaningfully expands the scale of our platform and gives us critical mass in the US, one of the largest travel source markets in the world. The quarter also saw other key markets such as Europe, MEA and APAC continued to deliver consistently.
Mr. Ankush Nijhawan
Co-founder and Joint MD, TBO Tek Limited
The quarter was characterized by broad based growth for TBO with the India business returning to solid double digit growth trajectory driven by the growth of our airlines business. The combination of this and the strength of the broader platform helped us deliver an Adj. EBITDA (before M&A Costs) of 2115Cr, up 53% ona YoY basis”
Informational and educational content only. Not investment advice.