TBO Tek shares rally 10% after Q4 profit surges 26% YoY

Shares of travel distribution platforms TBO Tek surged nearly 10% on Friday to hit the day’s high of Rs 1,314 on the NSE after the company reported a 26% surge in its Q4FY25 consolidated net profit at Rs 59 crore versus Rs 47 crore in the year ago period. The profit is attributed to owners of the company.

The company’s revenue from operation was up 21% to Rs 446 crore versus Rs 369 crore reported in the corresponding quarter of the last financial year.

The profit after tax (PAT) jumped 18% on a sequential basis to Rs 50 crore in Q3FY25, while the topline increased 6% over Rs 422 crore in the October-December quarter of FY25.

The earnings were announced after market hours on Thursday.

The Earnings Before Interest, Taxes, Depreciation and Amortisation (EBITDA) for FY25 grew 22% YoY to Rs 329 crore. The adjusted EBITDA for the quarter under review stood at Rs 79 crore versus Rs 69 crore which was up 15% YoY.

The company said that its GTV, or gross transaction value, crossed Rs 30,000 crore.Meanwhile, FY25 GTV came in at Rs 30,832 crore with 43% YoY growth in international markets. Growth was led by Europe (+70%) and APAC (+66%), demonstrating a well-diversified demand base.The GTV for Q4FY25 stood at Rs 7,788 crore versus Rs 7,511 crore, which was a 4% YoY uptick.

The Middle East and Americas also grew in double digits, it said in a filing to the exchanges. The Indian hotels segment also grew double digits in H2.

The company said that it is expanding its global footprint with 15 new countries added to its list. The balance sheet remains strong at Rs 1,450 crore in cash & cash equivalents (including Fixed deposits and liquid funds) available for organic and inorganic expansion.

Commenting on the earnings, Gaurav Bhatnagar, Co-founder and Joint MD, said that in FY25, the company laid the foundation for accelerating our business across geographies. This gives us the confidence to maintain our expansion plans and aim for market leadership in the next 5-10 years.

Co-founder and Joint MD Ankush Nijhawan said that the company is strategically focused on driving higher share of wallet through cross-sell initiatives, supported by robust demand for outbound travel and a clear shift in consumer preference toward experiential, high-value itineraries. “These structural tailwinds position us well for sustained, profitable growth in the Indian market,” he said.

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