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B2B travel tech company TBO Tek’s consolidated net profit surged 27% to INR 58.9 Cr in Q4 FY25 from INR 46.4 Cr in the year-ago period. On a sequential basis, the company’s bottom line grew 18% from INR 50 Cr.
Operating revenue grew 21% to INR 446.1 Cr during the quarter under review from INR 369.1 Cr in Q4 FY24. On a quarter-on-quarter (QoQ) basis, this marked a 6% uptick from INR 422.2 Cr.
Including other income of INR 16.4 Cr, the company’s total revenue rose 22% year-on-year (YoY) to INR 462.5 Cr in the quarter. Meanwhile, total expenses rose 23% YoY and 4% quarter-on-quarter (QoQ).
“In FY25, we laid the foundation for accelerating our business across geographies. Europe & APAC led the growth with 50%+ YoY growth. The 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,” TBO Tek cofounder and joint MD Gaurav Bhatnagar said.
(The story will be updated soon.)
The post TBO Tek Q4: Profit Zooms 27% YoY To INR 59 Cr appeared first on Inc42 Media.
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