Are Rategain Travel latest results good or bad?
Rategain Travel's latest results show a decline in net sales and consolidated net profit, but a year-on-year increase in Profit After Tax (PAT) indicates some resilience in profitability. Overall, the performance is mixed, with challenges in growth despite a positive trend in PAT.
Rategain Travel Technologies has reported its financial results for the quarter ending March 2025. The company experienced a flat financial performance overall, with a noted adjustment in its evaluation over the past three months. In terms of specific metrics, the company's net sales for the quarter showed a decline of 6.47% compared to the previous quarter, which reflects a decrease from a growth of 0.52% in December 2024. Similarly, the consolidated net profit also experienced a decline of 3.06% in the latest quarter, down from a growth of 8.29% in the prior quarter.
On a positive note, Rategain Travel reported a Profit After Tax (PAT) of Rs 111.35 crore, which indicates a year-on-year growth of 23.12%, suggesting a favorable trend in profitability despite the overall stagnation in sales and net profit. The operating profit margin, excluding other income, slightly improved to 22.06% from 23.24% in the previous quarter.
Overall, while Rategain Travel Technologies faces challenges in sales and profit growth, the increase in PAT highlights some resilience in its profitability.
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