India, Feb. 14 -- Enterprise tech unicorn RateGain's consolidated net profit surged 40% to INR 56.54 Cr in the third quarter of the fiscal year 2024-25 (Q3 FY25) from INR 40.42 Cr in the year-ago quarter.
On a quarter-on-quarter basis, net profit rose over 8% from INR 52.20 Cr.
Revenue from operations jumped nearly 11% to INR 278.70 Cr in the December quarter of FY25 from INR 252 Cr in the same quarter last year. On a sequential basis, the company's operating revenue remained flat.
Including other income of INR 20.32 Cr, total revenue stood at INR 299 Cr during the quarter under review.
The surge in sales outpaced the rise in expenditure. Total expenses went up 7% to INR 225.91 Cr in Q3 FY25 from INR 210.86 Cr in the year-ago period....
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.