RateGain Travel Technologies Limited reported operating revenue of
INR 5,400.3 million in Q3 FY26, a 93.8% year-on-year increase, with
EBITDA rising 41.7% to INR 871.2 million and an EBITDA margin of 16.1%. This quarter represents the first full consolidation of
Sojern following its November 2025 acquisition, and management cited visible early synergies alongside robust cash generation and debt repayment.
Quarterly results at a glance
| Metric | Q3 FY26 | YoY change |
|---|
| Operating revenue | INR 5,400.3 mn | +93.8% |
| EBITDA | INR 871.2 mn | +41.7% |
| PAT (reported) | INR 264.5 mn | Impacted by amortisation and one-time items |
| Adjusted PAT | INR 610.7 mn | +8% YoY |
| YTD cash from ops | INR 1,517.4 mn | Strong cash generation |
| Acquisition debt repaid | USD 25.25 mn (20.2%) | Includes USD 19 mn prepaid |
What drove the surge
Key operational and strategic drivers behind the quarter include:
*
Sojern acquisition: Full-quarter consolidation expanded global marketing and traveller-intelligence capabilities, adding distribution reach and ad-tech inventory.
*
AI deployment: Broader AI roll-out across client-facing products and internal workflows improved targeting, forecasting and operational efficiency.
*
Cash management: Strong operating cash flow enabled early repayment of acquisition-related debt and supported integration spend.
*
Scale in customers: The unified platform now serves over
13,000 travel brands, magnifying marketing and distribution monetisation.
Operational signals and culture
RateGain now operates with a team
