Rategain Travel Technologies Ltd's Q3FY25 Quarter Results
- 15 Feb 2025
Result Summary
- Rategain Travel Technologies Ltd reported a 1.5% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a growth of 13.8%.
- Its expenses for the quarter were down by 0.1% QoQ and up 7.1% YoY.
- The net profit increased 8.3% QoQ and increased 39.9% YoY.
- The earnings per share (EPS) of Rategain Travel Technologies Ltd stood at 4.8 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 299.04 | 294.58 | 262.89 | 1.5% | 13.8% |
Total Expenses | 225.92 | 226.08 | 210.87 | -0.1% | 7.1% |
Profit Before Tax | 73.12 | 68.50 | 52.02 | 6.7% | 40.6% |
Tax | 16.58 | 16.30 | 11.60 | 1.7% | 42.9% |
Profit After Tax | 56.54 | 52.21 | 40.42 | 8.3% | 39.9% |
Earnings Per Share | 4.80 | 4.40 | 3.60 | 9.1% | 33.3% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Rategain Travel Technologies Ltd is a technology company primarily engaged in providing software solutions for the travel and hospitality industry. The company offers products and services that are designed to enhance revenue management, distribution, marketing strategies, and overall operational efficiency for its clients. These services are crucial for hotels, airlines, online travel agents, and tour operators in optimizing their pricing and distribution channels. Recent developments in the industry, such as advancements in data analytics and artificial intelligence, have further propelled the demand for specialized technology solutions provided by companies like Rategain. However, specific recent developments within Rategain itself are not provided in the current data set.
Revenue
For the third quarter of the fiscal year 2025 (Q3FY25), Rategain Travel Technologies Ltd reported a total income of ₹299.04 crores. This reflects a 1.5% increase from the previous quarter (Q2FY25), where the total income was ₹294.58 crores, and a 13.8% rise when compared to the same quarter of the previous fiscal year (Q3FY24), where the total income stood at ₹262.89 crores. The steady quarter-over-quarter and year-over-year growth in revenue indicate a positive trajectory in the company’s income generation capabilities, likely driven by increased adoption of its software solutions across its client base.
Profitability
The Profit Before Tax (PBT) for Q3FY25 was recorded at ₹73.12 crores, which marks a 6.7% rise from ₹68.50 crores in Q2FY25 and a significant 40.6% increase from ₹52.02 crores in Q3FY24. After accounting for taxes amounting to ₹16.58 crores in Q3FY25, the Profit After Tax (PAT) came to ₹56.54 crores. This indicates an 8.3% growth from the previous quarter’s PAT of ₹52.21 crores and a 39.9% increase from ₹40.42 crores reported in Q3FY24. Earnings per Share (EPS) rose to ₹4.80 in Q3FY25, reflecting a 9.1% increase from Q2FY25 and a 33.3% increase from Q3FY24. The growth in profitability metrics from both a quarterly and yearly perspective illustrates the company’s enhanced ability to convert revenue into net income.
Operating Metrics
Rategain Travel Technologies Ltd’s total expenses for Q3FY25 were reported at ₹225.92 crores, showing a marginal decrease of 0.1% from the previous quarter’s expenses of ₹226.08 crores. Compared to the same quarter in the previous year, where total expenses were ₹210.87 crores, there is a 7.1% increase. Despite the rise in expenses on a year-over-year basis, the company managed to keep its expenses relatively stable quarter-over-quarter while achieving higher income, thereby improving its profit margins. The stability in expense management, alongside growth in revenue, contributes to the overall positive financial performance observed during the quarter.
