TBO Tek Ltd has announced a strong performance for the first quarter of the financial year 2025–26, showing steady growth despite economic challenges in major markets such as India, Europe and the Middle East.
One of the highlights of the quarter was the company reaching its highest-ever number of monthly transacting buyers (MTBs), with 29,570 buyers. This marks a 5.2 per cent increase compared to the same quarter last year and a 4.1 per cent rise from the previous quarter. While India remains the largest market, the company is seeing fast-growing interest from regions like Europe and the Asia-Pacific. In fact, the number of buyers from international markets rose by 17.3 per cent year-on-year and 11.2 per cent quarter-on-quarter.
TBO’s hotel and related service bookings continued to grow, contributing 62.3 per cent of the gross transaction value (GTV) for the quarter, up from 60.3 per cent in the previous quarter. These segments also generated 84.4 per cent of the total gross profit.
The company’s adjusted earnings before interest, tax, depreciation and amortisation (EBITDA) stood at INR 85 crore, showing flat growth compared to the same quarter last year. This stability comes despite global geopolitical tensions and the disruption caused by the Air India incident.
Profit after tax (PAT) rose to INR 63 crore, showing a year-on-year increase of 3.4 per cent and a quarter-on-quarter growth of 6.9 per cent.
According to the unaudited financial results shared by the company, the GTV for Q1 FY26 was INR 78,119 crore, up 2 per cent from INR 77,940 crore last year. Revenue from operations rose to INR 7,511 crore, an increase of 22 per cent compared to INR 6,151 crore a year ago. Gross profit also improved, reaching INR 7,333 crore, up 19 per cent from INR 6,155 crore.
Overall, TBO Tek Ltd continues to show healthy growth and market expansion, particularly in international regions, while maintaining strong financial fundamentals.
