Latest news with #RateGainTravelTechnologies
Business Upturn
4 days ago
- Business
- Business Upturn
RateGain partners with Razorpay to streamline hotel payment solutions
By Aman Shukla Published on June 5, 2025, 11:38 IST RateGain Travel Technologies has announced a strategic integration between its Booking Engine platform and Razorpay, a full-stack payments and banking platform. The partnership aims to enhance the payment experience for hotels in India by providing a secure and flexible payment processing system. Through this integration, hotels using RateGain's platform will gain access to a wide range of payment methods, including UPI, mobile wallets, net banking, domestic and international credit/debit cards, EMIs, and Pay Later options. This expansion supports a seamless and accessible booking process for both domestic and international guests. The collaboration is also expected to improve backend efficiency. Features like real-time transaction tracking, automated settlement reports, and centralized dashboards help reduce manual efforts and simplify financial reconciliation for hotel operators. In terms of security, Razorpay offers PCI DSS Level 1 and SOC 3 compliance, along with built-in fraud detection tools, helping to maintain high transaction safety standards. This integration comes at a time when India's hospitality sector is undergoing rapid digital transformation, with a growing demand for guest-centric and AI-enabled solutions to improve operational performance and customer experience. Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at
Business Standard
26-05-2025
- Business
- Business Standard
RateGain Travel Tech gallops after Q4 PAT climbs 9.6% YoY
RateGain Travel Technologies jumped 8.69% to Rs 549.30 after the company's consolidated net profit rose 9.6% to Rs 54.81 crore while net sales increased 1.9% to Rs 260.69 crore in Q4 March 2025 over Q4 March 2024. Sequentially, the company's net profit dropped 3.1% while net sales fell 6.5% in Q4 FY25 over Q3 FY25. Profit before tax (PBT) stood at Rs 72.36 crore in Q4 FY25, up 10.6% year-on-year, but down 1% QoQ. EBITDA for Q4 stood at Rs 60.59 crore, up 11.7% YoY, but down 1.4% QoQ. EBITDA margin came in at 23.2%, higher than the 22.1% in Q3 FY25 and 21.2% in Q4 FY24. For the full year, net profit surged 43.7% to Rs 208.93 crore while net sales increased 12.5% to Rs 1076.67 crore in the year ended March 2025 over the year ended March 2024. PBT soared 44.1% year-on-year to Rs 272.23 crore in FY25 over FY24. EBITDA rose 22.3% to Rs 232.06 crore in FY25 over FY24. EBITDA margin stood at 21.6% in FY25, higher than 19.8% in FY24. The company's consolidated net cash from operating activities stood at Rs 119.97 crore in FY25, higher than Rs 151.81 crore in FY24. RateGain Travel Technologies is a global provider of AI-powered SaaS solutions for the hospitality and travel industry. The company today is one of the worlds largest processors of electronic transactions, price points, and travel intent data helping revenue management, distribution and marketing teams across hotels, airlines, meta-search companies, package providers, car rentals, travel management companies, cruises and ferries drive better outcomes for their business.
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Business Standard
26-05-2025
- Business
- Business Standard
RateGain Travel share pops 6% on healthy Q4 results; check key numbers here
RateGain Travel share price: RateGain Travel shares were in demand on the first trading day of the week i.e. Monday, May 26, 2025, with the scrip rallying up to 6.29 per cent to hit an intraday high of ₹537.20 per share. At 1:51 PM, RateGain Travel shares continued to trade near day's high level, up 5.66 per cent at ₹534 per share. In comparison, BSE Sensex was trading 0.56 per cent higher at 82,175.72 level. What triggered the rally in RatGain Travel share price on May 26? RateGain Travel share price rose on the back of robust March quarter of financial year 2025 (Q4FY25) results. The company's operating revenue rose 1.9 per cent year-on-year (Y-o-Y) to ₹260.6 crore, from ₹255.8 crore a year ago. Profit after tax (PAT) soared 9.6 per cent Y-o-Y to ₹54.8 crore in the March quarter of FY25, from ₹50 crore in the same quarter a year ago. At the operating level, earnings before interest, tax, depreciation and amortisation (Ebitda) zoomed 11.7 per cent annually to ₹60.5 crore in Q4FY25, from ₹54.2 crore a year ago. Subsequently, Ebitda margin expanded 200 basis points (bps) to 23.2 per cent, from 21.2 per cent a year ago. Notably, RateGain's global team grew to 821 employees, with an attrition rate of 10.5 per cent. Rohan Mittal, chief financial officer, RateGain Travel Technologies said, 'We close out the year on a steady note, consolidating our position amidst a challenging demand environment and with a strong performance on margins. With a continued focus on disciplined execution and enhanced operational efficiency, the company has delivered a record margin of 23.2 per cent. The evolving macro landscape, with shifting demand patterns and increased volatility, continues to pose both challenges and opportunities.' Mittal added, 'Given our global positioning and the opportunity ahead of us, we will be investing in our GTM motion to enhance market reach and customer engagement. We remain committed to balancing nearterm profitability with long-term value creation, to deliver the best outcomes for all key stakeholders.' About RateGain Travel RateGain Travel Technologies is among the leading global providers of AI-driven SaaS solutions for the travel and hospitality industry. With a presence in over 100 countries, RateGain serves more than 3,200 customers and 700 partners, helping them boost revenue through customer acquisition, retention, and increased wallet share. Founded in 2004, RateGain is one of the world's largest processors of electronic transactions, pricing data, and travel intent signals. Its solutions empower revenue management, distribution, and marketing teams across a wide range of sectors—including hotels, airlines, online travel agencies, car rentals, cruises, ferries, and travel management companies—to achieve superior business outcomes.
Business Standard
08-05-2025
- Business
- Business Standard
Cyprus Airways selects AirGain for competitive pricing intelligence
RateGain Travel Technologies announced that Cyprus Airways, the flagship carrier of the Republic of Cyprus, has selected AirGain, RateGain's advanced pricing intelligence platform for airlines, to gain real-time competitive insights. This strategic collaboration underscores Cyprus Airways' commitment to delivering affordable and seamless travel experiences across its expanding network in Europe and the Middle East. With AirGain, Cyprus Airways will access real-time competitive pricing data from over 300 airlines and 50+ OTAs. This enables the airline to refine its pricing strategies, optimize promotions, and maintain leadership in the aviation market. By leveraging dynamic pricing and market trends, Cyprus Airways aims to deliver exceptional value to its customers while ensuring sustainable growth.
Time of India
06-05-2025
- Business
- Time of India
Stocks in news: Indian Hotels, Paytm, BSE, Paras Defence, Fortis Healthcare
RateGain Travel Technologies appointed Rohan Mittal as Chief Financial Officer (CFO) of the company with effect from May 6. The markets experienced a slight gain of half a percent, continuing their consolidation. Several companies are in focus due to recent news, including Paytm, BSE, and Bank of Baroda, which are set to announce their Q4 results. Indian Hotels reported a 25% increase in net profit, while IRCON secured a Rs 187 crore work order. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads The markets began the week on a subdued note, ending with a modest gain of half a percent while continuing the ongoing consolidation phase. In today's trade, shares of Indian Hotels Paytm , BSE, Paras Defence Fortis Healthcare among others will be in focus due to various news of Paytm, BSE and Bank of Baroda will be in focus as the companies will announce their fourth quarter results Indian Hotels Company (IHCL) reported a 25% jump in its Q4FY25 consolidated net profit to Rs 522 crore versus Rs 418 crore reported in the year ago International announced that it has secured a work order worth Rs 187 crore from Kerala State IT Defence has signed a Memorandum of Understanding (MoU) with Israel-based HevenDrones to explore opportunities in the defence and civil drone Healthcare arm Fortis Hospitals received a rectification order under Income Tax Act where tax demand of Rs 89.53 crore has been reduced to nil. RateGain Travel Technologies appointed Rohan Mittal as Chief Financial Officer (CFO) of the company with effect from May 6.
