TBO Tek Reports Solid FY25 Results

TBO Tek Ltd has announced its financial results for FY25, highlighting strong performance driven by substantial growth in the hotels segment and international markets. The company's Gross Transaction Value (GTV) reached over Rs 30,800 crore, marking a 43 per cent increase compared to the previous year. Revenue from operations rose by 25 per cent to Rs 1,737 crore, while adjusted EBITDA grew by 22 per cent to Rs 329 crore.

International markets contributed significantly, with GTV increasing by 66 per cent in the Asia-Pacific region and 70 per cent in Europe, reflecting a diversified demand base. The total GTV for FY25 stood at Rs 30,832 crore. The Indian hotels segment also experienced double-digit growth during the second half of the year. The company expanded its global footprint by adding 15 new countries and hiring 73 sales staff across 32 nations.

TBO Tek's financial position remains healthy, holding over Rs 1,450 crore in cash and liquid assets, supporting ongoing and future expansion plans. The company also upgraded its hotel booking platform, H-Next, across India and internationally, with positive customer response and increased conversion rates.

“Our Hotels & Ancillaries segment continues to demonstrate strong growth, now contributing 16 per cent to India GTV,” said Ankush Nijhawan, Co-founder and Joint MD, TBO Tek Limited. “We are strategically focused on driving higher share of wallet through cross-sell initiatives, supported by robust demand for outbound travel and a clear shift in consumer preference toward experiential, high-value itineraries. These structural tailwinds position us well for sustained, profitable growth in the Indian market.”

Gaurav Bhatnagar, Co-founder and Joint MD, TBO Tek Limited, also commented, "In FY25, we laid the foundation for accelerating our business across geographies. Europe & APAC led the growth with 50 per cent+ yoy growth. Company’s Tech and AI initiatives complement the rapid footprint expansion by helping drive better user experience and by improving platform performance.  This gives us the confidence to maintain our expansion plans and aim for market leadership in the next 5-10 years.”

In addition to technological advancements, TBO Tek increased its on-ground salesforce and strengthened support functions to facilitate rapid growth. The company engaged with stakeholders by recognising top-performing agents across numerous Indian cities.