India, Aug. 8 -- Shares of traveltech-focussed SaaS major RateGain surged 9.5% to INR 480.8 apiece on the BSE today, a day after it reported its Q1 financial results.

The SaaS startup's profit rose 3.5% to INR 46.9 Cr in Q1 FY26 from INR 45.3 Cr in the same period last year. Its operating revenue jumped 4.9% to INR 272.9 Cr from INR 260 Cr reported in the previous year.

The company's revenue soared on the back of new contracts secured in Q1 worth INR 81.6 Cr , a 37.7% rise YoY with its organic business.

At 10:30 AM today, the shares paired back some gains falling about 2% to INR 469.1 apiece. As per the previous close of the shares of RateGain, it had a market capitalisation of INR INR 5,561.4 Cr (about $635 Mn).

RateGain also introdu...