TBO Tek Ltd Soars with 28% Revenue Growth Amid Geo-Political Challenges

Travel platform TBO Tek Ltd posted a 7% increase in PAT, reaching Rs. 60 crore in Q3. Revenue surged by 28% year-on-year to Rs. 451 crore. The growth was propelled by advancements in the hotel segment and non-air businesses. Strategic appointments aim to enhance governance and expertise.

TBO Tek Ltd, a prominent travel distribution platform, reported a notable 7% rise in profit after tax (PAT) for Q3, reaching Rs. 60 crore, compared to Rs. 56 crore last year.

The company also experienced a 28% year-on-year revenue increase, totaling Rs. 451 crore, attributed to the strong performance in the hotel segment across Indian and international markets.

Amidst global geo-political challenges, robust growth in non-air businesses and advanced tech initiatives played a key role, including AI-driven pricing and voice-bot integration, highlighting strategic expansions.

(With inputs from agencies.)