TBO Tek posts Rs 866 Cr revenue Rs 76 Cr profit in Q2FY27

DZ

DR. ZEESHAN FATIMA ASLAM

November 4, 202676 views
TBO Tek posts Rs 866 Cr revenue  Rs 76 Cr profit in Q2FY27

TBO Tek, a travel distribution company based in Gurugram, reported good financial growth in the second quarter of FY27. The company's revenue increased by 52.5% to ₹865.6 crore, compared with ₹567.5 crore in the same quarter last year. Its total income also reached ₹880.4 crore, including income from other sources.

Hotel and package bookings continued to be the company's main source of revenue, contributing around 86% of its total earnings. Revenue from this segment grew by 55% to ₹745 crore, compared with ₹479.4 crore in the previous year. Air ticketing and other related services contributed another ₹120 crore to the company's revenue.

As the company handled more hotel and package bookings, its service-related expenses also increased. Service fees accounted for the largest share of its expenses, reaching ₹304.5 crore during the quarter. Employee-related expenses were another major cost, amounting to ₹190.7 crore.

The company's total expenses increased by 55% to ₹780.7 crore, compared with ₹504.4 crore in the same quarter last year. This increase was mainly due to higher service costs and the company's growing business operations.

Despite the rise in expenses, TBO Tek managed to increase its net profit by 12.6% to ₹76 crore from ₹67.5 crore in Q2 FY26. This shows that the company was able to improve its earnings while continuing to expand its business.

At the end of Monday's trading session, TBO Tek shares were trading at ₹1,593.50, giving the company a market value of approximately ₹17,303 crore. Overall, the company reported strong revenue growth, supported mainly by hotel and package bookings, along with an increase in net profit during the quarter.

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About DR. ZEESHAN FATIMA ASLAM

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