Categories AlphaGraphs, Earnings, Technology
Rategain Travel Technologies Ltd Q4FY24; 47% 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 Q4FY24 of ₹256.00 Crores up from ₹183.00 Crore year on year, a rise of 39.89%.
Total Expenses for Q4FY24 of ₹212.00 Crores up from ₹162.00 Crores year on year, a rise of 30.86%.
Consolidated Net Profit of ₹50.00 Crores up 47.06% from ₹34.00 Crores in the same quarter of the previous year.
The Earnings per Share is ₹4.24, up 35.90% from ₹3.12 in the same quarter of the previous year.
![](https://i2.wp.com/alphastreet.com/india/wp-content/uploads/2024/05/image-158.png?resize=640%2C781&ssl=1)
*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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