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RateGain Q4 Profit Zooms 10% YoY To INR 55 Cr

[[{“value”:”RateGain Q4 Profit Zooms 10% YoY To INR 55 Cr

Enterprise tech unicorn RateGain’s consolidated net profit increased 9.6% to INR 54.8 Cr in the fourth quarter of the financial year 2024-25 (Q4 FY25) from INR 50 Cr in the year-ago quarter. On a quarter-on-quarter (QoQ) basis, the company’s profits went down 3% from INR 56.5 Cr in the previous quarter. 

In the quarter under review, RateGain’s operating revenue stood at INR 260.7 Cr, up 2% year on year (YoY) from INR 255.8 Cr in Q4 FY24. However, the company’s topline contracted sequentially by 7% from INR 278.7 Cr in Q3 FY25. 

Including other income of INR 20.5 Cr, the company’s total income for the quarter stood at INR 281.1 Cr. Meanwhile, RateGain’s expenditure for the quarter dipped to INR 208.8 Cr, down 1% YoY and 8% QoQ. 

For the full fiscal year FY25, the company reported a 44% YoY surge in its net profit to INR 208.9 Cr. Its operating revenue surged 16% to INR 1,153.1 Cr from INR 998.6 Cr in FY24.

(The story will be updated shortly.)

The post RateGain Q4 Profit Zooms 10% YoY To INR 55 Cr appeared first on Inc42 Media.

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