TBO Tek Achieves Robust 26% Revenue Growth and Margin Improvement in Q2 FY26

Strong Financial Performance in Q2 FY26

The recent quarter saw TBO Tek delivering a remarkable financial performance, with consolidated revenue reaching INR 568 crore, marking a 26% increase compared to the same period last year. Alongside this, the adjusted EBITDA margin showed healthy improvement, rising to 18.32% before accounting for acquisition-related expenses. This impressive outcome highlights the company’s ability to navigate challenges and boost profitability across its core segments.

International Markets Drive Growth

TBO Tek’s growth momentum was largely propelled by robust activity in international markets including the Asia-Pacific (APAC), Middle East & Africa (MEA), and Europe. Gross Transaction Value (GTV) climbed 12% year-on-year to INR 8,901 crore, with Europe standing as the largest contributor to the Hotels and Ancillaries segment. APAC and MEA markets showed particularly strong year-on-year increases of 41% and 27%, respectively.

Domestic Business Shows Signs of Stabilizing

While international performance took the lead, the Indian market also indicated early stabilization after previous declines. The number of Monthly Transacting Buyers (MTBs) increased by 8% overall to 30,662, with international MTBs growing a solid 23.6%. These indicators suggest a positive outlook for the domestic business alongside global expansion efforts.

Margin Expansion and Profitability

The Hotels and Ancillaries segment not only contributed 64% to the total GTV but also a substantial 87% to gross profit, underlining its high-margin nature. Adjusted EBITDA rose by 16%, standing at INR 104 crore, with profitability gains showing good operational leverage. Profit after tax (PAT) saw a 12.4% increase, reaching INR 68 crore, reflecting the company’s focus on both top-line growth and bottom-line efficiency.

Strategic Acquisition and Future Outlook

During the quarter, TBO Tek completed the significant acquisition of Classic Vacations for $125 million, expanding its footprint and portfolio. Despite one-time acquisition-related costs of INR 13.15 crore impacting the quarter, this strategic move strengthens the company’s presence globally and adds operational depth.

The company’s leadership emphasizes the balanced regional growth, with international markets carrying momentum and India finding its footing again. The broad-based growth across regions coupled with the increasing contribution from Hotels and Ancillaries segments lays a strong foundation for sustained and profitable advancement.

TBO Tek’s Business Momentum and Global Expansion

Co-founders remark on the strong performance reflecting a disciplined and scalable business model, ready for further expansion with a wider global footprint. The focus remains on profitable growth by deepening market penetration, enhancing operational efficiency, and leveraging the synergies gained from new acquisitions.

Why This Matters to Taxi and Transfers Services

Growth in travel distribution platforms like TBO Tek directly benefits the broader travel ecosystem, including taxi and transfer services. As bookings and travel volumes climb, airports and city transport hubs experience higher demand for taxis, private transfers, and limousine services. Understanding trends in international and domestic travel can help transfer providers anticipate peak periods and optimize fleets accordingly.

For travelers booking airport rides or city transfers, platforms like LocalsRide.com offer transparency and choice, enabling customers to select exact vehicles, view detailed information like make, model, and driver ratings, and avoid unexpected surprises. This level of service aligns well with the evolving travel industry’s growing demand for reliable and personalized ground transport linked to such expanding travel platforms.

The Significance of the Quarterly Results and User Choice

Quarterly financial updates like TBO Tek’s Q2 FY26 results highlight the travel distribution market’s vibrancy and potential. Yet, no review or report can replace the firsthand travel experience. When planning trips, users benefit from the flexibility and assurance of hiring cars with verified drivers at transparent prices, avoiding unnecessary expenses.

Platforms like LocalsRide.com provide an extensive fleet from verified providers worldwide, offering competitive fares and a wide range of options—from cheap cabs to luxury limousines and private seater vehicles. This means travelers can pick exactly what suits their needs, budget, and style, securing reliable rides for airport transfers, city trips, and more. Rezervă-ți cursa LocalsRide.com.

Wrapping It Up

TBO Tek’s Q2 FY26 performance exemplifies how a travel distribution platform can foster growth by expanding internationally, enhancing profitability, and making strategic acquisitions. This dynamism resonates through the entire travel chain, influencing services like taxi and private transfers, which play a pivotal role in a traveler’s journey. For those seeking the best transfer service with a clear view of prices and vehicle details, LocalsRide.com ensures a customer-friendly experience, making local and global journeys seamless and personalized.

Looking ahead, while the global travel landscape continues to evolve, platforms committed to transparency and service quality will be key drivers in connecting travelers with reliable taxi and transfer options across airports and cities worldwide. LocalsRide’s user-centric approach fits perfectly in this context, empowering travelers with convenience, choice, and confidence.