Deciding two connected writ petitions arising from a common Industrial Tribunal Award, the Delhi High Court set aside the Tribunal's direction granting hotel workmen a further…
RateGain Shares Slump 9% After Q4 Results
RateGain shares slump 9% post-Q4 results despite revenue growth, reflecting investor concerns over profitability. Shares of RateGain Travel Technologies witnessed a sharp decline of 9% following the announcement of its Q4 FY25 financial results. While the company reported a modest 1.9% year-on-year increase in operating revenue to ₹260.6 crore and a 9.6% rise in net profit to ₹54.8 crore, investor reaction indicated concerns regarding its long-term profitability outlook. Despite improved EBITDA margins, the market's response suggests that the reported growth might not have met expectations for sustainable profitability or future guidance, leading to a bearish sentiment.