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TBO Tek delivers strong performance in FY25
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Monday, 26 May, 2025, 12 : 00 PM [IST]
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Our Bureau, Mumbai
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TBO Tek Limited, one of the largest global travel distribution platforms, announced its unaudited financial results for Q4 & FY25.
Consolidated Financial Performance for FY25, YoY Growth - GTV of INR 30,832 Cr v/s Rs 26,536 crore +16% YoY; Revenue from operations of Rs 1,737 crore v/s. Rs 1,393 crore + 25% YoY; Adjusted EBITDA of Rs 329 crore v/s. Rs 270 crore + 22% YoY; PAT of Rs 230 crore v/s. Rs 201 crore +15% YoY.
Consolidated Financial Performance for Q4 FY25, YoY Growth - GTV of Rs 7,788 crore v/s Rs 7,511 crore + 4% YoY; Revenue from operations of Rs 446 crore v/s. Rs 369 crore + 21% YoY; Adjusted EBITDA of Rs 79 crore v/s. Rs 69 crore + 15% YoY; PAT of Rs 59 crore v/s. Rs 46 crore + 27% YoY.
Robust growth in Hotels & Ancillaries segment, both in India and international markets. Company is geared towards increasing Hotel saliency, accelerating market expansion and implementing AI-led technologies for improving customer engagement and operational efficiencies.
Rolled out our next-generation hotel booking platform H-Next to customers in India (100% covered) and in international market. Very encouraging response from customers and witnessing increased conversion. Continued progress on automation of back-end processes using AI driven automatic handling of supplier notifications being scaled up. Significant ramp-up in adding on-ground salesforce - 73 additions in FY25. Supply and supporting functions also beefed up to support rapid growth. Sales leader for North America onboarded, and Stakeholder outreach – felicitated the top-performing agents (both Air & Non-Air) in more than 40 cities across India.
Ankush Nijhawan, co-founder and joint MD, TBO Tek Limited, said, “Our Hotels & Ancillaries segment continues to demonstrate strong growth, now contributing 16% to India GTV. We are strategically focused on driving higher share of wallet through cross-sell initiatives, supported by robust demand for outbound travel and a clear shift in consumer preference toward experiential, high-value itineraries. These structural tailwinds position us well for sustained, profitable growth in the Indian market.”
Gaurav Bhatnagar, co-founder and joint MD, TBO Tek Limited, said, "In FY25, we laid the foundation for accelerating our business across geographies. Europe & APAC led the growth with 50%+YoY growth. Company’s Tech and AI initiatives complement the rapid footprint expansion by helping drive better user experience and by improving platform performance. This gives us the confidence to maintain our expansion plans and aim for market leadership in the next 5-10 years.”
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