X

Rategain Travel Technologies Ltd Q2FY24; 131% rise in Profits

RateGain Travel Technologies Ltd is the leading distribution technology company globally and the largest Software as a Service (SaaS) provider in the travel and hospitality industry in India. The firm offers travel and hospitality services across different verticals like hotels, airlines, online travel agents, meta-search companies, package providers, car rentals, cruises, and ferries.

Financial Results:

Rategain Travel Technologies Ltd reported Revenues for Q2FY24 of ₹235.00 Crores up from ₹125.00 Crore year on year, a rise of 88.0%.

Total Expenses for Q2FY24 of ₹198.00 Crores up from ₹115.00 Crores year on year, a rise of 72.17%.

Consolidated Net Profit of ₹30.00 Crores up 130.77% from ₹13.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹2.77, up 130.83% from ₹1.20 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

Related Post