TBO Tek Achieves Rs 34 Crore Net Profit with 33% Revenue Growth in Q1 FY26

Financial Highlights of TBO Tek in Q1 FY26

TBO Tek Ltd has recently declared significant financial results, marking a year-over-year revenue increase of 22%, surpassing INR 500 Cr in the first quarter of fiscal year 2026. Despite the various global disruptions, the company achieved a profit after tax (PAT) of INR 63 Cr, while Monthly Transacting Buyers (MTBs) reached an all-time high of 29,570.

Growth in Revenue and Profit

The company reported a robust revenue of INR 511 Cr for Q1 FY26, reflecting a remarkable 22% increase compared to the previous year. The gross profit exhibited a similar positive trend, growing by 19% to reach INR 333 Cr. The steady increase in profit is attributed to the Hotels + Ancillaries segment, which played a crucial role by contributing 84.4% of the gross profit.

Monthly Transacting Buyers Surge

For the quarter, TBO Tek experienced the highest number of Monthly Transacting Buyers at 29,570, marking a considerable increase of 5.2% YoY and 4.1% QoQ. The international MTBs saw a soaring increase of 17.3% YoY, giving confidence to TBO’s operational strategy, particularly in markets like Europe and the APAC region.

Market and Segment Performance

Despite facing challenges due to macroeconomic factors, TBO’s Hotels + Ancillaries segment illustrated resilience and growth. Below is a brief overview of the performance in various markets:

Leadership Insights

Co-founder and Joint MD, Gaurav Bhatnagar, noted the strength of TBO’s diversified model despite the reported headwinds. He acknowledged the surge of 132% in new agent-driven sales, reflecting the effectiveness of their growth strategies. Expectations are set for revenues to outpace selling, general, and administrative expenses (SG&A) by Q4 FY26.

In addition, co-founder Ankush Nijhawan expressed optimism about recovery, with the Hotels + Ancillaries segment contributing effectively to India’s GTV. He highlighted the sustained strength that anticipated growth across various segments, underpinning the aspirations for the upcoming quarters.

Expansion and Strategic Direction

TBO Tek remains committed to geographical expansion and enhancing wallet share through cross-sell opportunities and tech-enabled partnerships. With the resilience demonstrated in the face of regional challenges, TBO plans to harness technological advancements to further fuel growth.

Impact on Travel and Transfer Services

The financial performance of companies like TBO Tek can significantly affect the travel and transfer service landscape. As travel demands fluctuate, it’s essential for transfer companies to adapt accordingly. Platforms like LocalsRide provide a unique solution for booking personalized transfers, allowing for the selection of specific vehicles while ensuring transparency. This ensures users have access to all relevant details upfront, such as vehicle make, model, and ratings, enhancing the booking experience.

Conclusie

In summation, TBO Tek’s strong performance in Q1 FY26 with a net profit of Rs 34 crore and a revenue growth of 22% embody the resilience of the travel tech industry. As the dynamics of travel change, leveraging user-friendly platforms like LocalsRide.com can ensure travelers find the right solutions that fit their needs. With options to hire a car with driver from verified providers at reasonable prices, you can make informed travel decisions without breaking the bank. Embrace the convenience, affordability, and extensive choices offered—LocalsRide.nl is ready to help you book your ride today!