Profit Slumps 53% YoY To ₹36.5 Cr
Operating revenue zoomed 93.8% to ₹540 Cr from ₹278.7 Cr in Q3 FY25. Sequentially, revenue jumped 83% from ₹295.1 Cr. RateGain recorded an exceptional expense of ₹34.6 Cr during the quarter, which hit its bottom line. Adjusted for the one-time exceptional expense, profit stood at ₹61.1 Cr during the quarter, up 8% from the year-ago quarter.
Key Points:
– Operating revenue increased by 93.8% to ₹540 Cr in Q3 FY25
– Sequential revenue growth of 83% from ₹295.1 Cr
– Exceptional expense of ₹34.6 Cr during the quarter
– Adjusted profit of ₹61.1 Cr, up 8% from the previous year’s quarter
– No specific market context, organizations, people, locations, properties, or strategic topics mentioned
Read the Complete Article.
Boutique Travel VC raises investment cap from $1.5M to $10M to lead rounds and support portfolio companies through growth Travel...
Read moreDetails
