TBO Tek Q1: Profit Surges 32% YoY To ₹83.3 Cr

by · Inc42

SUMMARY

  • TBO Tek's operating revenue zoomed 81% YoY and 14% QoQ to ₹925.8 Cr during the quarter under review
  • The company attributed the performance to broad-based growth across geographies, continued contribution of recently acquired Classic Vacations, and improving operating leverage
  • Adjusted EBITDA rose 77% YoY to ₹149.9 Cr in Q1, while adjusted EBITDA margin (excluding Classic Vacations) expanded to 17.8%