RATEGAIN

Q4 2025 result Analysis

– Q4FY25 & FY25 Results Summary Q4FY25 (YoY): Operating Revenue: ₹2,606.9 Mn (+1.9%) Total Revenue: ₹2,811.4 Mn (+1.5%) EBITDA: ₹605.9 Mn (+11.7%) PAT: ₹548.1 Mn (+9.6%) EBITDA Margin: 23.2% (vs. 21.2%) PAT Margin: 21.0% (vs. 19.6%) FY25 (YoY): Operating Revenue: ₹10,766.7 Mn (+12.5%) Total Revenue: ₹11,530.4 Mn (+15.5%) EBITDA: ₹2,320.6 Mn (+22.3%) PAT: ₹2,089.3 Mn (+43.7%) EBITDA Margin: 21.6% (vs. 19.8%) PAT Margin: 19.4% (vs. 15.2%) Management Commentary: Chairman Bhanu Chopra emphasized the company’s shift toward an AI-first strategy to tackle evolving customer needs, while CFO Rohan Mittal noted the strong margin performance amidst a volatile demand landscape. The company plans to invest in go-to-market (GTM) initiatives to expand reach and enhance engagement. Conclusion: RateGain closed FY25 on a strong note with double-digit growth in revenue and profitability. The record margins and a clear strategic direction focused on AI and global expansion position the company well for sustained growth, despite macroeconomic headwinds.