For financial year 2028, Jefferies expects TBO Tek’s revenue to jump to ₹4,294 crore from ₹1,737 crore at the end of financial year 2025, its Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) to more than double to ₹762 crore from ₹301 crore in financial year 2025, while net profit may jump by a similar quantum to ₹544 crore from ₹517 crore last year.
