TBO Tek posts Rs 511 Cr revenue in Q1 FY26 with flat profits

Business-focused travel distribution platform Travel Boutique Online (TBO) has announced its quarterly results Today. The Gurugram-based company recorded a 22% year-on-year increase in its revenue while its profits remained flat during the first quarter of the ongoing fiscal year Q1 FY26.

TBO’s operating revenue increased by 22% to Rs 511 crore in Q1 FY26 from Rs 418 crore in Q1 FY25, its unaudited financial statements sourced from the National Stock Exchange (NSE) show.

Income from booking of hotels and packages accounted for 83% of TBO’s revenue which increased 32% year-on-year to Rs 423 crore in Q1 FY26 from Rs 321 crore in Q1 FY25. Meanwhile, income from air ticketing and other allied services brought Rs 78 core and Rs 10 crore to the firm’s topline.

Since hotels and packages were the largest revenue source, the service fees associated with them naturally became the biggest cost center, accounting for 39% of the total expenditure, which amounted to Rs 178 crore in Q1 FY26. Its employee benefits stood at Rs 103 crore in the last quarter.

Overall, the total cost was up by 27% to Rs 456 crore in Q1 FY26 from Rs 358 crore in Q1 FY25. TBO Tek posted a marginal 3% increase in its profits to Rs 63 crore in Q1 FY26 from Rs 61 crore in Q1 FY25. 

TBO Tek’s stock is trading at Rs 1,405 (as of 15:20 PM) with a total market capitalization of Rs 15,117 crore.