TBO Tek posts strong Q1 FY26 with record transacting buyers and profit growth
TBO Tek Ltd delivered a resilient Q1 FY26 performance despite global macro headwinds. Monthly Transacting Buyers (MTBs) hit an all-time high at 29,570—up 5.2% YoY and 4.1% QoQ—driven by strong growth in Europe and APAC. Hotel and ancillary sales contributed 62.3% of GTV and 84.4% of gross profit. Adjusted EBITDA remained steady at ₹85 Cr, while PAT rose to ₹63 Cr, up 3.4% YoY and 6.9% QoQ, underscoring stable profitability.
IATO gears for 40th Annual Convention in Puri
The 40th IATO Annual Convention will be held from August 22 – 25, 2025 in Puri, Odisha, themed “Rejuvenate Inbound @2030”. Swosti Premium Beach Resorts will host all events, including business sessions and cultural evenings. Convention Chairman Sanjay Razdan expects 900–1000 delegates, including senior tourism officials from 17–18 states. The Hon’ble CM of Odisha and Union Tourism Minister have been invited to inaugurate the event. Eight post-convention tours have been planned.
Malaysia Airlines to operate daily flights to Trivandrum
Malaysia Airlines will enhance its South India network by introducing daily flights on the Trivandrum–Kuala Lumpur route from December 1, 2025. A fifth weekly service will begin from 12 September 2025, with bookings open immediately. This expansion follows strong demand since the route’s launch in November 2023. The airline has also partnered with Kerala Tourism under the “Look East” initiative.
RedHat Communications named India Marketing Representative for Classic Destinations Sri Lanka
Effective August 1, 2025, RedHat Communications has been appointed as the official marketing representative in India for Classic Destinations Sri Lanka. Led by Mrs. Jyoti Mayal and Mr. Chalaka Gajabahu, the India team—Sheena (North), Ujjwal (West), Megharth (South), and Sounak (East)—will spearhead targeted campaigns and partnerships. The strategic alliance aims to boost Sri Lanka’s appeal among Indian travelers through trade engagement, media collaborations, and experiential travel promotions.
#First Opinion
“Today’s Indian traveller seeks more than just sightseeing. They want depth, discovery, and cultural connection, all of which Australia offers in abundance. The rise of India from seventh to fifth of Australia’s top source markets reflects the growing number of Indian travellers choosing the country each year. This upward trend has been driven by a combination of consistent efforts in marketing, public relations, strategic partnerships, and strong trade engagement through platforms like Australia Marketplace India. Our Aussie Specialists, Business Event agents, and Key Distribution Partners have all played a vital role in sustaining this momentum.”
Nishant Kashikar,
Country Manager – India & Gulf, Tourism Australia’
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