RateGain Travel Q2 consolidated net profit up 46.5 pc at Rs 74.72 cr

Mumbai, Nov 5 (PTI) Travel tech company RateGain Travel Technologies on Thursday reported a 46.48 per cent year-on-year rise in consolidated net profit to Rs 74.72 crore in the second quarter of the current fiscal.

     The company's net profit stood at Rs 51 crore during the July-September period a year ago, RateGain Travel Technologies said in a regulatory filing.

     Revenue from operations more than doubled to Rs 745.40 crore in Q2 FY27, compared to Rs 295.05 crore in the year-ago quarter.

     “Our customers are operating in a market where demand keeps shifting, and they are relying on our data and AI to stay ahead of it. We remain positive about the future and focused on long-term growth. That means adding customers, deepening how much of our platform each of them uses and extending our AI into more of their everyday work.

     “In the second half, our priority is to bring the full RateGain and Sojern platform to more of these customers and to execute well,” RateGain Travel Technologies founder and Managing Director Bhanu Chopra said.

     The travel technology solution provider’s free cash flow stood at Rs 282.3 crore for the first half ended September 30, 2026, representing a free cash flow conversion of 87 per cent.

     Net debt outstanding stood at Rs 494 crore as of September 30.

     Following its payment on November 5, RateGain has repaid 43 per cent of the loan taken for the Sojern acquisition.

(This story has not been edited by THE WEEK and is auto-generated from PTI)