TBO Tek Limited (BSE: 544174) (NSE: TBOTEK), a global travel distribution platform, announced its unaudited financial results for Q3 & 9M FY25 today. The company is among the top four B2B distribution platforms in the market (source: HBX Group prospectus).
Consolidated Financial Performance for Q3 FY25 v/s Q3 FY24 [YoY Growth]
- GTV of Rs. 7,166 Cr v/s Rs. 5,678 Cr [+ 26 per cent YoY]
- Revenue from operations of Rs. 422 Cr v/s. Rs. 327 Cr [+ 29 per cent YoY]
- Adjusted EBITDA of Rs. 75 Cr v/s. Rs. 59 Cr [+ 26 per cent YoY]. Margins at 18 per cent
- PAT of Rs. 50 Cr v/s. Rs. 51 Cr [-2 per cent YoY]. Lower PAT primarily due to Rs. 12.5 Cr Forex Loss triggered by sharp movement in USD against other major currencies.
Consolidated Financial Performance for 9M FY25 v/s 9M FY24 [YoY Growth]
- GTV of Rs. 23,044 Cr v/s Rs. 19,025 Cr [+ 21 per cent YoY]
- Revenue from operations of Rs. 1,291 Cr v/s. Rs. 1,024 Cr [+ 26 per cent YoY]
- Adjusted EBITDA of Rs. 250 Cr v/s. Rs. 201 Cr [+ 25 per cent YoY]. Margins steady at 19 per cent
- PAT of Rs. 171 Cr v/s. Rs. 154 Cr [+ 11 per cent YoY]. PAT margins at 13 per cent
*All numbers have been rounded off
Key Business Updates
Strong growth in the Hotels and Ancillaries segment, both in India and international markets. Hotel saliency is growing in the business, supported by company initiatives.
H-Next, the next-gen booking engine is being rolled out to users in a phased manner, reporting strong conversion improvements in target user segments.
Al enabled smart search available on the platform. Allows faster searches with relevant results to surface based on user input without manual input.
Al-powered Voice bot for outbound calling processes now live. Initial trials indicate that it is 5x faster at 50 per cent cost with equivalent or better-quality output compared to manual process.
Al-driven automatic handling of supplier notifications launched. Already 45 per cent of the notifications are now automatically processed with 99.5 per cent accuracy.
 (NSE: TBOTEK), a global travel distribution platform, announced its unaudited financial results for Q3 & 9M FY25 today. The company is among the top four B2B distribution platforms in the market (source: HBX Group prospectus).){kind=link}