Categories Earnings, Research Summary, Technology

Rategain Travel Technologies Q3FY23 Earnings

In India, the travel and hospitality sector’s major Software as a Service (SaaS) supplier is RateGain Travel Technologies Ltd, the world’s top distribution technology business. The company provides travel and hospitality services in a variety of industries, including hotels, airlines, online travel agencies, meta-search businesses, package suppliers, car rental agencies, cruise lines, and ferries.

Financial Results:

Rategain Travel Technologies Ltd.’s revenue in Q3FY23 rose 77% to ₹ 392 crores. Consolidated Profit After Tax came at ₹ 22.55 crores in Q3FY23 showcasing a 1,779% rise on an YoY basis. In this quarter’s results, the reports suggested that the firm has continued to deliver consistent performance in all key operational and financial indicators in Q3Y23.

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