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Rategain Travel Technologies Ltd Q3FY24; 208% 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 Q3FY24 of ₹252.00 Crores up from ₹138.00 Crore year on year, a rise of 82.61%.

Total Expenses for Q3FY24 of ₹211.00 Crores up from ₹123.00 Crores year on year, a rise of 71.54%.

Consolidated Net Profit of ₹40.00 Crores up 207.69% from ₹13.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹3.43, up 181.15% from ₹1.22 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.

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