Tbo Tek Q2 FY27: revenue up 52.5% to ₹866 Cr, net profit up 12.5% to ₹76 Cr
Results · Finvezto · 3 Nov 2026 · Tbo Tek (TBOTEK)
Results Q2 FY27, ₹ Cr
| Q2 FY27 | ₹ Cr | QoQ | YoY |
|---|---|---|---|
| Revenue | 866 | - | +52.5% |
| Operating profit | 136 | - | +54.1% |
| Net profit | 76 | - | +12.5% |
| Operating margin | 15.7% | - | +0.2 pp |
| Net margin | 8.8% | - | -3.1 pp |
YoY is the company's own figure. QoQ shows where our quarterly series matches the filing.
Key points
- Gross transaction value grew 16% year-on-year leading to 27% growth in adjusted EBITDA, demonstrating operating leverage for the second consecutive quarter. Earnings call
- Europe and APAC delivered revenue growth exceeding 30%, while the Middle East grew 10% on a constant currency basis despite regional conflict headwinds. Earnings call
- Management noted demand pressure and heightened cancellations entering Q3 from Middle East tensions and unrest across major European cities. Earnings call
What to watch
- Management on h2 financial performance: Internally, what we are aiming for is that just still manage to deliver yearon-year growth both on top line and bottom line.
- Management on sg&a and gross profit: In the long run, conceptually, I feel we have gotten to a point where we know that the investment in SG&A should largely be less than the growth in GP that we are anticipating.
Links
Company page · Results tracker
Anand Ganapathy K | SEBI Registered Research Analyst | INH000016630.