RateGain announced its Q2 FY25 financial results today, reporting impressive growth in both revenue and profitability on a year-over-year (YoY) and quarter-over-quarter (QoQ) basis. The company demonstrated strong operational performance, driven by increased demand for its technology solutions.
Key Financial Highlights for Q2 FY25:
- Revenue from Operations: ₹277.26 crore, reflecting an 18.1% YoY increase from ₹234.72 crore in Q2 FY24. Sequentially, revenue rose 6.6% QoQ from ₹260.01 crore in Q1 FY25.
- Total Income: ₹294.58 crore, up 23.6% YoY from ₹238.38 crore in the same period last year. Total income also showed a 5.9% QoQ growth from ₹278.28 crore in Q1 FY25.
- Profit Before Tax (PBT): ₹68.50 crore, marking a 74.5% YoY surge from ₹39.28 crore in Q2 FY24. Sequentially, PBT grew by 17.6% QoQ from ₹58.24 crore in Q1 FY25.
- Net Profit (PAT): ₹52.21 crore, up by a significant 73.9% YoY from ₹30.04 crore in Q2 FY24. On a quarterly basis, PAT increased by 15% QoQ from ₹45.38 crore in Q1 FY25.
Analysis
RateGain’s robust YoY growth in revenue and profit demonstrates the company’s successful adaptation to market demand, with increasing traction for its products and services. The QoQ improvements further suggest consistent performance and operational efficiencies. The substantial YoY increase in profitability is particularly noteworthy, highlighting RateGain’s effective cost management strategies.
