RATEGAINRateGain Travel Technologies Ltd.
RateGain Travel Technologies Q2 FY27 Results: Consolidated Net Profit ₹74.72 Crore on Total Income of ₹745 Crore
- Earnings
- travel technology software
Reviewed byRachit TripathiBlacklitt Research
RateGain Travel Technologies (NSE: RATEGAIN) reported consolidated total income of ₹745.14 crore and net profit of ₹74.72 crore for the quarter ended 30 Sep 2026, it said in a filing on 05 Nov 2026. Standalone total income was ₹73.96 crore and standalone net profit ₹6.60 crore.
Key highlights
Consolidated
Including its subsidiaries
- Total income: ₹745.14 crore, up 135.4% YoY and down 5.5% QoQ
- Net profit: ₹74.72 crore, up 46.5% YoY and down 21.3% QoQ
- EPS: ₹6.31 basic, not annualised, against ₹4.32 a year earlier
- Finance costs: ₹16.11 crore, against ₹0.29 crore in Q2 FY26
Standalone
The company on its own, without its subsidiaries
- Total income: ₹73.96 crore, down 10.8% YoY and up 5.1% QoQ
- Net profit: ₹6.60 crore, down 67.5% YoY and up 56.7% QoQ
- EPS: ₹0.56 basic, not annualised, against ₹1.72 a year earlier
- Other income: ₹2.72 crore, against ₹19.36 crore a year earlier
Summary
| Particulars | Q2 FY27 | Q2 FY26 | YoY | Q1 FY27 | QoQ |
|---|---|---|---|---|---|
| 745.14 | 316.60 | +135.4% | 788.10 | -5.5% | |
| Revenue from operations | 745.40 | 295.06 | +152.6% | 785.01 | -5.0% |
| Other income | -0.26 | 21.54 | n/a | 3.09 | n/a |
| 74.72 | 51.01 | +46.5% | 94.91 | -21.3% | |
| Profit before tax | 97.40 | 65.53 | +48.6% | 120.56 | -19.2% |
| Finance costs | 16.11 | 0.29 | n/a | 16.54 | -2.6% |
| Depreciation | 39.27 | 9.35 | +320.1% | 37.52 | +4.7% |
| Tax expense | 22.68 | 14.52 | +56.2% | 25.64 | -11.6% |
| Net profit margin | 10.03% | 16.11% | -6.08 pp | 12.04% | -2.02 pp |
| EPS, basic (₹) | 6.31 | 4.32 | +46.1% | 8.03 | -21.4% |
Figures are in ₹ crore; YoY compares with Q2 FY26 and QoQ with Q1 FY27. Click Total income or Net profit to see the rows behind them.
Consolidated total income rose 135.4% year on year to ₹745.14 crore, while net profit rose 46.5% to ₹74.72 crore. Profit grew more slowly than income. Revenue from operations of ₹745.40 crore is nearly all of total income, since other income was ₹-0.26 crore against ₹21.54 crore a year earlier.
Finance costs were ₹16.11 crore against ₹0.29 crore in the year-earlier quarter, and ₹16.54 crore in Q1 FY27. Depreciation rose to ₹39.27 crore from ₹9.35 crore. The notes record the Sojern acquisition, completed on 06 Nov 2025 for USD 250.92 million, with goodwill of about ₹1,613.91 crore on the balance sheet as at 30 Sep 2026.
Against the prior quarter, total income fell 5.5% and net profit fell 21.3%. Profit before tax was ₹97.40 crore, and tax expense of ₹22.68 crore is 23.3% of it.
| Particulars | Q2 FY27 | Q2 FY26 | YoY | Q1 FY27 | QoQ |
|---|---|---|---|---|---|
| 73.96 | 82.89 | -10.8% | 70.35 | +5.1% | |
| Revenue from operations | 71.24 | 63.53 | +12.1% | 68.19 | +4.5% |
| Other income | 2.72 | 19.36 | -85.9% | 2.16 | +26.1% |
| 6.60 | 20.27 | -67.5% | 4.21 | +56.7% | |
| Profit before tax | 8.86 | 27.11 | -67.3% | 5.68 | +56.1% |
| Finance costs | 0.22 | 0.26 | -14.1% | 0.23 | -3.5% |
| Depreciation | 1.33 | 1.18 | +13.0% | 1.27 | +5.2% |
| Tax expense | 2.27 | 6.84 | -66.8% | 1.47 | +54.4% |
| Net profit margin | 8.92% | 24.46% | -15.54 pp | 5.98% | +2.93 pp |
| EPS, basic (₹) | 0.56 | 1.72 | -67.4% | 0.36 | +55.6% |
Figures are in ₹ crore; YoY compares with Q2 FY26 and QoQ with Q1 FY27. Click Total income or Net profit to see the rows behind them.
Standalone total income fell 10.8% year on year to ₹73.96 crore, while net profit fell 67.5% to ₹6.60 crore. Revenue from operations rose 12.1% to ₹71.24 crore. Other income was ₹2.72 crore against ₹19.36 crore a year earlier, and it is 30.7% of standalone profit before tax of ₹8.86 crore.
Against Q1 FY27, standalone net profit rose 56.7% and total income rose 5.1%. Finance costs of ₹0.22 crore are 0.3% of total income.
Inference
The filing records 16,705 equity shares issued on 12 Oct 2026, after the quarter, and 157,340 employee stock options exercised in the quarter. It records the liquidation of Sojern Hong Kong Limited, a subsidiary of Sojern Inc., effective 10 Jul 2026.
The filing does not state a dividend for the period, the reason for the rise in finance costs or the negative other income, or the effect of the Sojern acquisition on future revenue or profit.
Filed with BSE on . Reference: Original filing (PDF)
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