RateGain Travel Technologies Ltd

RateGain Travel Tech Reports Stellar Growth 📊

- Operating revenue nearly tripled to ₹785.0 Cr, up 187.6% year-over-year (YoY).

- Adjusted EBITDA grew 289.3% YoY to ₹193.4 Cr, with an Adjusted EBITDA margin of 24.6%.

- Adjusted Profit After Tax (PAT) increased 148.8% YoY to ₹116.8 Cr.

- Free Cash Flow for the quarter was ₹135.2 Cr, representing a free cash flow conversion of 78.8%.

- Net debt outstanding stood at ₹615.4 Cr as of June 30, 2026, with 25% of acquisition-related debt repaid by that date.

- As of August 6, 2026, a further USD 16.0 Mn was repaid, bringing the total repayment to 38% of the loan taken for the Sojern acquisition.

- Strong performance was driven by travel demand during the FIFA World Cup and a record quarter for new business in Asia-Pacific.

- The Asia-Pacific business delivered its strongest-ever quarter, led by record new property sign-ups on the Sojern platform.