TBO Tek Limited, one of the leading travel distribution platforms in the global travel and tourism industry in terms of GTV and revenue announced its audited Financial Results for the Q4-FY 2024 and Financial Year 2024 results today.
Gaurav Bhatnagar, co-founder and Joint MD, TBO Tek Limited said, “FY 24 was a landmark year for TBO. Following our successful IPO, we are thrilled to report another year of remarkable growth, with revenue soaring to 1,393 cr., showcasing 31 per cent increase with adjusted EBITDA at Rs. 270 cr. with 35 per cent y-o-y growth and net profits after tax at Rs 201 cr., a 35 per cent Increase, and gross transaction value surging to Rs 26,536 cr., marking a 19 per cent year-over-year growth.”
“Our acquisition of Jumbonline has already started showing positive results and contributed meaningfully to our bottom line in Q4. We believe that the results are a validation of strategy to focus on both organic and inorganic growth to drive EBITDA margin expansion…
