TBO Tek Limited announced its Unaudited Standalone and Consolidated Financial Results for the quarter and nine months ended December 31, 2025. The Board of Directors approved the results on February 11, 2026. Key highlights show total consolidated revenue from operations reaching INR 7,843.32 Million for the quarter. The report also details the utilization of IPO proceeds and provides important disclosure notes, including an update on the pending FEMA matter.
Board Approval of Q3 Financials
The Board of Directors of TBO Tek Limited convened on February 11, 2026, to consider and approve the Unaudited Standalone and Consolidated Financial Results for the three months and nine months ended December 31, 2025. The board meeting commenced at 10:15 am (IST) and concluded at 04:00 pm (IST) following an adjournment.
Consolidated Financial Performance Summary (Q3 FY2026)
The consolidated results show strong performance across key metrics:
- Total Consolidated Income for the quarter ended December 31, 2025, stood at INR 7,966.75 Million, compared to INR 5,826.98 Million in the previous quarter (Sep 30, 2025).
- Profit Before Tax for the quarter was INR 660.98 Million.
- Total Comprehensive Income for the period attributable to owners of the parent stood at INR 616.97 Million.
- For the nine months ended December 31, 2025, Total Comprehensive Income was INR 2,427.26 Million.
Segment Revenue Highlights (Consolidated)
The Hotels and packages segment remains the largest contributor to revenue:
| Segment | Q3 2025 Revenue (INR Million) | 9M 2025 Revenue (INR Million) |
|---|---|---|
| Air ticketing | 824.89 | 2,387.98 |
| Hotels and packages | 6,614.31 | 15,635.32 |
| Others | 404.12 | 607.90 |
Operating Income for the quarter reached INR 1,072.02 Million.
Standalone Financial Snapshot (Q3 FY2026)
The standalone statement also reflects growth:
- Total Standalone Income for Q3 2025 was INR 1,593.47 Million.
- Profit Before Tax for the quarter stood at INR 154.70 Million.
- Total Comprehensive Income for the quarter was INR 119.29 Million.
Standalone Segment Insights
In the standalone segment results, the Hotels and packages segment contributed significantly to operating income.
Earnings Per Share (Diluted) for the quarter ended December 31, 2025, was INR 4.99.
Key Notes and Disclosures
IPO Proceeds Utilization
The company provided an update on the utilization of proceeds from the INR 3,810.64 Million net fresh issue from the IPO. As of December 31, 2025, approximately INR 3,561.71 Million has been utilized. Notably, INR 1,350.00 Million was utilized for investment in technology and data solutions, and INR 797.59 Million went towards investments in the Material Subsidiary for platform onboarding.
Furthermore, an amount of INR 1,100 Million was transferred on September 17, 2025, to Tek Travels DMCC to fund the acquisition of Classic Vacations LLC, which completed on October 01, 2025. The provisional Goodwill recognized from this acquisition amounted to INR 3,869.52 Million.
FEMA Matter Update
The management draws attention to Note 4 detailing the ongoing uncertainty related to a show-cause notice received concerning alleged non-compliances under the Foreign Exchange Management Act (FEMA). The adjudication proceedings are ongoing, and the final outcome and impact remain unascertainable at this stage; hence, no financial adjustments have been made based on this matter.
Exceptional Items
Exceptional items in the consolidated results for the quarter totaled a charge of INR 53.21 Million. These included INR 41.04 Million in severance pay due to restructuring efforts and an impact related to the implementation of the new Labour Codes.
Source: BSE
