Shares of TBO Tek slipped as much as 5.2% to INR 1,322 in today’s trading session after the B2B travel tech company reported its Q1 results.
TBO Tek’s net profit rose 3% year-on-year (YoY) and 7% quarter-on-quarter (QoQ) to INR 63 Cr in the first quarter of the fiscal year 2025-26 (Q1 FY26). Meanwhile, operating revenue grew 22% YoY to INR 511.3 Cr from INR 418.5 Cr.
The stock later trimmed some losses, trading 2.34% lower at INR 1,362.25 on the BSE at 12:50 PM, taking the company’s market capitalisation to INR 14,792.37 Cr, with around 2.2 lakh shares changing hands by that time.
The stock remains down nearly 30% from its 52-week high of INR 2,000 in September last year. It had also touched a 52-week low of INR 985 on April 7 2025.
(The story will be updated soon.)
The post TBO Tek Shares Tank 5% Post Q1 Results appeared first on Inc42 Media.
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