TBO Tek Q2 results: Net profit rises 12%, revenue jumps nearly 53% YoY

TBO Tek reported a 12.4% year-on-year increase in net profit to ₹76 crore for the September quarter, compared with ₹68 crore in the year-ago period.

Revenue rose 52.5% to ₹866 crore from ₹568 crore a year earlier. Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) grew 54.1% to ₹136 crore, compared with ₹88 crore in the corresponding quarter last year.

EBITDA margin improved marginally to 15.7% from 15.5% a year ago.

Shares of TBO Tek closed 4.22% higher at ₹1,596.80 on the NSE on Monday, ahead of the earnings announcement.

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