{
  "id": 17795788,
  "title": "TBO TEK Q2 Profit Rises 12.5% YoY To ₹76 Cr, Revenue Up 53%",
  "url": "https://urgent.news/2026/11/02/tbo-tek-q2-profit-rises-12-5-yoy-to-76-cr-revenue-up-53",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-02T12:29:11.000Z",
  "source": {
    "name": "Inc42",
    "slug": "inc42",
    "url": "https://inc42.com/buzz/tbo-tek-q2-profit-rises-12-5-yoy-to-%e2%82%b976-cr-revenue-up-53/"
  },
  "original_language": "en",
  "account": "Travel distribution platform TBO Tek announced stronger financial results for the September quarter of FY27 (Q2 FY27), with its consolidated net profit up 12.5% year-on-year to ₹76 Cr, and operating revenue rising 52.6% YoY to ₹865.6 Cr. Sequentially, revenue and profit fell slightly, with operating revenue declining 6.5% from the June quarter and net profit dropping 8.8% from the prior year. Including other income of ₹14.8 Cr, the company's total income for the quarter reached ₹880.4 Cr. However, total expenses surged almost 54.8% to ₹780.7 Cr, primarily due to a 49.2% increase in service fees to ₹304.6 Cr and a 76.8% rise in employee benefits expenses to ₹190.7 Cr. The company identified an exceptional expense of ₹8.14 Cr related to suspected collusion among current and former employees of its overseas subsidiary and the holding company. TBO Tek estimated a net financial loss of ₹8.14 Cr for the quarter and initiated legal action and an insurance claim process. The tax expense for the quarter increased 46% YoY to ₹15.5 Cr, leading to a profit before tax of ₹91.5 Cr, up 17% from the previous quarter.",
  "summary": "Travel distribution platform TBO Tek reported a 12.5% year-on-year (YoY) increase in its consolidated net profit to ₹76 Cr for…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}