TBO TEK Q2 Profit Rises 12.5% YoY To Rs.76 Cr, Revenue Up 53%
India, Nov. 2 -- Travel distribution platform TBO Tek reported a 12.5% year-on-year (YoY) increase in its consolidated net profit to Rs.76 Cr for the September quarter of FY27 (Q2 FY27) from Rs.67.6 Cr in the year-ago period. Operating revenue rose 52.6% YoY to Rs.865.6 Cr.
On a sequential basis, the company's performance was more muted. Its operating revenue fell 6.5% from Rs.925.8 Cr recorded in the June quarter, while net profit fell 8.8% from Rs.83.4 Cr.
Including other income of Rs.14.8 Cr, total income for the quarter stood at Rs.880.4 Cr.
On the other hand, total expenses jumped almost 54.8% to Rs.780.7 Cr in Q2 FY27 from Rs.504.5 Cr in the corresponding quarter last year. Service fees, the largest expense item, surged49.2% to R...
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