The broker noted that the acquisition aligns with TBO Tek’s roll-up strategy in incubated markets and could boost the company's earnings per share by 2-6% between FY25 and FY28. A domestic broker also highlighted that the move strengthens TBO Tek’s presence in North America, the world’s largest outbound travel market, and supports its strategic push into global luxury travel.
TBO Tek plans to integrate its technology platform and worldwide inventory with Classic Vacations’ network of luxury travel advisors and suppliers, while Classic Vacations will continue to operate as an independent brand. The combined operations are expected to create significant opportunities for cross-border synergies and margin expansion, reinforcing TBO Tek’s ambition to become a leading global travel distribution platform.
TBO Tek is a global travel distribution platform that aims to simplify the buying and selling travel needs of travel partners across the world.
The company's consolidated net profit increased 3.4% to Rs 62.97 crore on 22.2% jump in net sales to Rs 511.28 crore in Q1 FY26 over Q1 FY25.
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