TBO Tek Ltd shares surged over 5% in early trade on Tuesday, following the announcement of its strong Q2 FY25 earnings. The company delivered healthy year-on-year growth across key financial metrics, reflecting steady demand and improved business traction in its travel technology segment.
In the second quarter of FY25, TBO Tek reported a consolidated revenue of ₹568 crore, marking a robust increase of 25.9% compared to ₹451 crore in the same quarter last year. The growth was driven by strong performance in both its B2B travel platform and global expansion initiatives.
EBITDA for the quarter stood at ₹88 crore, up 16.7% from ₹75.4 crore a year ago. However, the EBITDA margin declined slightly to 15.5% from 16.7% in the corresponding period, mainly due to higher operational costs linked to international business growth.
Net profit rose 12.3% year-on-year to ₹67.5 crore, compared to ₹60.1 crore in Q2 FY24, showcasing consistent profitability despite rising costs.
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