TBO Tek Limited announces its unaudited financial results for the second quarter of FY2027, reporting strong year-on-year growth in revenue, gross profit and adjusted EBITDA.
The company reported revenue from operations of ₹866 crore, up 53% year-on-year, while adjusted EBITDA increased 47% to ₹152 crore. Gross profit rose 54% to ₹561 crore, and profit after tax (PAT) grew 13% to ₹76 crore.
Key financial highlights for Q2 FY2027
* Gross Transaction Value (GTV): ₹11,695 crore, up 31% year-on-year.
* Revenue from operations: ₹866 crore, up 53% year-on-year.
* Gross profit: ₹561 crore, up 54% year-on-year.
* Adjusted EBITDA: ₹152 crore, up 47% year-on-year.
* Profit after tax (PAT): ₹76 crore, up 13% year-on-year.
Business performance and growth
During the quarter, TBO Tek continued to record broad-based growth across India, APAC, Europe and North America, alongside a recovery in its Middle East business. Despite macroeconomic headwinds, geopolitical disruptions and higher fuel prices, the company maintained its growth trajectory and continued to expand operating leverage.
The Hotels and Ancillary segment recorded a GTV of ₹7,889 crore, growing 39% year-on-year, while the Airlines business achieved a GTV of ₹3,807 crore, up 18%.
In the Hotels and Ancillary segment, GTV grew 36% in Europe and 33% in APAC. The India business also delivered another strong quarter, with the Airlines segment growing 14.5% year-on-year and Hotels and Ancillary growing 12.2%.
Monthly Transacting Buyers (MTBs) reached 34,529 during the quarter, up 13% year-on-year. In the organic international business, monthly transacting buyers grew 17.4% to a record 14,449, reflecting continued benefits from investments in key account management.
Cash position
As of September 30, 2026, TBO Tek reported cash and cash equivalents of approximately ₹2,060 crore, including bank balances, deposits and liquid investments, following a US$10 million prepayment of term debt.
Outlook
TBO Tek’s Q2 FY2027 performance reflects continued demand across its global travel distribution network, supported by growth across key markets, increased agent activity and continued operational efficiency. The company’s performance in the Middle East also indicated potential market-share gains driven by service differentiation and reliability.
Source: TBO Tek Limited’s Q2 FY2027 earnings press release dated November 2, 2026. Figures rounded off.
