Rategain Travel Technologies Reports Strong December 2024 Financial Results Amid Evaluation Adjustment
Rategain Travel Technologies reported strong financial results for the quarter ending December 2024, achieving record net sales of Rs 278.71 crore and an operating profit of Rs 61.48 crore. Profit before tax reached Rs 52.80 crore, while profit after tax grew by 20.3%, with earnings per share at Rs 4.80.
Rategain Travel Technologies has recently reported its financial results for the quarter ending December 2024, showcasing a range of positive metrics. The company achieved net sales of Rs 278.71 crore, marking the highest figure in the last five quarters, with a consistent upward trend observed in sales over this period. Operating profit also reached a peak of Rs 61.48 crore, reflecting a favorable trajectory in operational efficiency, as indicated by an operating profit margin of 22.06%. This improvement in efficiency is a notable highlight for the company.
Additionally, profit before tax (PBT) stood at Rs 52.80 crore, again the highest in the last five quarters, while profit after tax (PAT) reached Rs 56.54 crore, demonstrating a significant growth rate of 20.3% compared to the average PAT of the previous four quarters. Earnings per share (EPS) also hit a high of Rs 4.80, indicating enhanced profitability for shareholders.
Despite these positive financial indicators, Rategain Travel Technologies has experienced an adjustment in its evaluation, with its score reflecting a change from 20 to 18 over the last three months.
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