The altitude profiles of ozone concentration are retrieved from measurements of the volume emission rate in the 1.27 μm oxygen band in the TIMED-SABER experiment. In this study we compare the methods of retrieval of daytime [O3] altitude profile in the framework of two models: electronic-vibrational kinetics and a purely electronic kinetics of excited products of ozone and oxygen photolysis. In order to retrieve the [O3] altitude profile from the measurements of the intensity of the O2 band in the region of 1.27 μm correctly, it is necessary to use the photochemical model of the electronic-vibrational kinetics of excited products of ozone and oxygen photolysis in the mesosphere and lower thermosphere