RateGain: Q1 FY27 Results Show Profit Drop, Approves USD 65M Guarantee

RateGain Travel Technologies Limited has announced its unaudited financial results for the quarter ended June 30, 2026. The company’s standalone revenue from operations stood at ₹681.89 million. During the same period, the Board of Directors also approved the issuance of a corporate guarantee of up to USD 65.00 million to support loan facilities for its wholly-owned subsidiaries, RateGain Technologies Limited, UK, and Sojern, Inc.

RateGain Reports Q1 FY27 Financials and Approves Corporate Guarantee

RateGain Travel Technologies Limited has disclosed its unaudited financial results for the first quarter of the fiscal year 2027, ending on June 30, 2026. The company’s standalone revenue from operations for the quarter was ₹681.89 million, with a total income of ₹703.49 million. The profit before tax for the quarter stood at ₹56.77 million, and the profit after tax was ₹42.09 million.

Key Financial Highlights (Standalone)

The standalone financial statements reveal a profit after tax of ₹42.09 million for the quarter ended June 30, 2026. This contrasts with a profit of ₹117.25 million for the quarter ended March 31, 2026. The total comprehensive income after tax was ₹43.76 million for the reported quarter.

Issuance of Corporate Guarantee

In a significant strategic move, the Board of Directors has also approved the issuance of a corporate guarantee amounting to up to USD 65.00 million. This guarantee will be provided to banks and/or financial institutions in support of loan facilities to be availed by RateGain Technologies Limited, UK, and Sojern, Inc., both wholly-owned subsidiaries of the Company. The guarantee is structured on an arm’s length basis and is compliant with relevant corporate and listing regulations.

Consolidated Financial Performance

On a consolidated basis, RateGain reported a revenue from operations of ₹7,850.12 million for the quarter ended June 30, 2026. The consolidated profit after tax for the quarter was ₹949.10 million. The total comprehensive income after tax for the consolidated entity stood at ₹1,066.94 million.

Acquisition Impact

The financial results reflect the impact of the acquisition of Sojern Inc. and its subsidiaries, which was completed on November 06, 2025. The acquisition has been financed through a combination of external funds and internal resources. The company noted that due to this acquisition, the results for the quarter ended June 30, 2026, are not directly comparable with the corresponding periods in the previous year.

Source: BSE

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