Are TBO Tek latest results good or bad?

TBO Tek, a midcap player in the tour and travel-related services sector, has reported its financial results for the quarter ending March 2025. The results indicate a flat financial performance for the quarter. However, the company saw an adjustment in its evaluation over the past three months.
In terms of net sales, TBO Tek has shown a year-on-year increase, with the latest six-month figure reaching Rs 868.32 crore, reflecting a growth of 24.77%. This suggests a favorable near-term outlook for the company. The quarterly results also highlight a quarter-on-quarter growth in net sales of 5.67%, compared to a decline in the previous quarter.

The consolidated net profit for the quarter ending March 2025 also reflects a positive trend, with a growth of 17.87% compared to the prior quarter, which had experienced a decline. Operating profit, excluding other income, has shown an increase of 17.03% quarter-on-quarter, indicating improved operational efficiency.

On the other hand, TBO Tek has faced rising interest costs, with interest expenses for the nine-month period amounting to Rs 17.05 crore, marking a growth of 29.36% compared to the previous nine months. This rise in interest expenses may have implications for the company's financial stability moving forward.

Overall, TBO Tek's financial results present a mixed picture, with notable growth in sales and profits, alongside increasing interest costs that could affect future performance.