According to reports from Business Standard, TBO Tek delivered mixed results for the quarter ended March 2026, with net profit rising 2.02% to ₹60.10 crore compared to ₹58.91 crore in the corresponding quarter of the previous year. The company's sales performance was significantly stronger, surging 83% to ₹814.36 crore during Q4 FY26, up from ₹446.13 crore in Q4 FY25. The operating profit margin (OPM) declined to 12.94% in the current quarter from 13.81% in the same quarter last year, indicating some pressure on operational efficiency. However, the company also reported Adjusted EBITDA of ₹111 crore for Q4, representing a 40% increase from the previous year, while Gross Transaction Value (GTV) reached ₹10,079 crore, up 29% YoY.
For the full financial year ended March 2026, TBO Tek demonstrated robust growth across key metrics. Net profit increased 6.27% to ₹244.31 crore compared to ₹229.89 crore in the previous year, while sales grew 54.10% to ₹2,677.48 crore from ₹1,737.47 crore in FY25. The operating profit margin for the full year stood at 15.84%, compared to 13.81% in the previous year, showing improved operational efficiency over the 12-month period. For the full year, GTV reached ₹36,809 crore, up 19% YoY, while Adjusted EBITDA stood at ₹414 crore, a 26% increase.
As reported by Business Standard, PBDT (Profit Before Depreciation and Tax) for Q4 increased 37% to ₹103.58 crore from ₹75.74 crore in Q4 FY25, while PBT (Profit Before Tax) rose 19% to ₹73.67 crore compared to ₹61.85 crore in the corresponding quarter last year. For the full year, PBDT grew 20% to ₹377.32 crore from ₹313.74 crore, and PBT increased 11% to ₹290.89 crore from ₹261.86 crore in the previous financial year. The company's gross profit for Q4 increased 59% to ₹494 crore from ₹311 crore in the previous year, demonstrating strong operational leverage.
The Hotels + Ancillaries segment showed broad-based strength with Europe, APAC, and MEA markets growing 22%, 46%, and 22% YoY respectively on a full-year basis. The India business demonstrated a trend reversal with H2 growth of 12% YoY. The company noted that the integration of Classic Vacations, spanning platform, supply, commercial, and talent, is on track for completion by the end of Q3 FY27. Management highlighted that SG&A expenses began moderating as investments matured, with gross profit growth outpacing cost growth in January and February.
According to company management, FY26 acted as a stress test for the business model, with the platform showing resilience in both growth and profitability despite geopolitical disruptions. The company closed the year with cash and cash equivalents of ₹1,592 crore, including bank balance and liquid investments. The Board approved the re-appointment of three independent directors for a second term and appointed Grant Thornton Bharat LLP as the internal auditor for FY 2026-27. The results demonstrate structural resilience across India, APAC, Europe, North America, and Latin America despite geopolitical headwinds.
