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 higher EBITDA margins driven by strategic investments in product innovation and partnerships.
On a quarter-on-quarter basis, net profit rose over 8% from INR 52.20 Cr.
The travel tech SaaS company's EBITDA zoomed 20% to INR 61.47 Cr in Q3 FY25 from INR 51.26 Cr in Q3 FY24. EBITDA margin rose to a record 22.1% during the quarter under review from 20.3% in the year-ago period.
RateGain said that operating leverage is contributing to strong operating margin growth.
Its revenue from operations jumped nearly 11% to INR 278.70 Cr in the ...
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