Categories Earnings, Technology
Rategain Travel Technologies Q4FY23 results out, revenue grows by 69%
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.
- Rategain Travel Technologies Ltd reported Total revenue for Q4 FY23 of ₹183 Crore, up from ₹108 Crore year on year depicting a growth of 69%.
- Total Expenses for Q4 FY23 of ₹151 Crore up, from ₹93 Crore year on year, a growth of 62%.
- Consolidated Net Profit of ₹34 Crore, up 183% from ₹12 Crore in the same quarter of the previous year.
- The Earnings per Share is ₹3.12, up 189% from ₹1.08 in the same quarter of the previous year.
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