Travel distribution platform TBO Tek reported an 81.2% year-on-year growth in its operating revenue for the first quarter of FY27, while its profit increased 31.7% during the same period. The company’s revenue from operations rose to Rs 926 crore in Q1 FY27 from Rs 511 crore in Q1 FY26, according to its unaudited financial results filed with the National Stock Exchange (NSE). Hotel and package bookings remained TBO Tek’s largest revenue stream, contributing Rs 800 crore in Q1 FY27, up 89.1% from Rs 423 crore in the corresponding quarter last year. Revenue from air ticketing increased marginally to Rs 81 crore from Rs 78 crore, while other operating revenue climbed to Rs 45 crore from Rs 10.4 crore. Including Rs 13 crore in other income, the company’s total income stood at Rs 939 crore in Q1 FY27, compared to Rs 524 crore in Q1 FY26. On a sequential basis, operating revenue grew 13.8% from Rs 814 crore in Q4 FY26. On the expense front, service fees remained the largest cost component, rising to Rs 373 crore in Q1 FY27 from Rs 178 crore in the year-ago quarter. Employee benefit expenses increased to Rs 179 crore, while depreciation and finance costs stood at Rs 33 crore and Rs 15 crore, respectively. Overall expenditure grew 83.1% to Rs 835 crore in Q1 FY27 from Rs 456 crore in Q1 FY26. Despite higher expenses, TBO Tek’s profit increased to Rs 83 crore in Q1 FY27 from Rs 63 crore in Q1 FY26. On a quarter-on-quarter basis, profit rose 38.3% from Rs 60 crore in Q4 FY26. TBO Tek’s share price closed at Rs 1,522.60, with a total market capitalization of Rs 16,385 crore. Bareback Media has recently raised funding from a group of investors. Some of the investors may directly or indirectly be involved in a competing business or might be associated with other companies we might write about. This shall, however, not influence our reporting or coverage in any manner whatsoever. You may find a list of our investorshere.
