RateGain travel Technologies Limited announced its unaudited financial results for Q3 FY26 and nine months ended December 31, 2025, through a regulatory filing with NSE and BSE on February 13, 2026. The company reported record-breaking performance with consolidated operating revenue reaching INR 5,400.30 million, marking a substantial 93.8% year-over-year growth driven by the successful integration of Sojern acquisition completed on November 6, 2025.

Q3 FY26 Consolidated Financial Performance

RateGain delivered exceptional growth across key financial metrics, demonstrating the positive impact of the Sojern acquisition on business operations.

The decline in profit after tax was primarily attributed to exceptional items totaling INR 346.18 million, including INR 324.16 million in merger and acquisition related expenses and INR 22.02 million towards labor code notifications.

Nine-Month Performance Analysis

For the nine-month period ending December 31, 2025, RateGain maintained strong growth momentum with consolidated operating revenue of INR 11,080.04 million, representing 35.8% year-over-year growth.

Strategic Acquisition and Integration

The Sojern acquisition, completed for a consideration of INR 22,170.69 million (USD 250.35 million), was financed through external funds of INR 11,069.63 million and internal funds of INR 11,100.62 million. The acquisition expanded RateGain's portfolio to include AI-powered hospitality and travel marketing solutions, with provisional purchase price allocation identifying INR 7,625.01 million in intangible assets and INR 12,091.44 million in goodwill.

Earnings Conference Call and Investor Engagement

Following the advance intimation dated February 06, 2026, RateGain concluded its earnings conference call on February 16, 2026 at 04:00 p.m. IST with analysts, institutional investors, and funds to discuss the financial and operational performance. The call covered the published financial results, general industry overview, and business performance using the earnings presentation filed with stock exchanges on February 13, 2026.

General Counsel and Company Secretary Mukesh Kumar filed the transcript intimation on February 19, 2026, in compliance with Regulation 30(6) of SEBI Listing Regulations. The complete transcript is available on the company's investor website at https://investors.rategain.com/ .

Regulatory Publication and Compliance

Pursuant to Regulation 47 of SEBI Listing Obligations and Disclosure Requirements Regulations, 2015, RateGain published its unaudited financial results in newspapers on February 14, 2026. The results were published in Financial Express (English Language National Daily Newspaper – All India) and Jansatta (Hindi Language Daily Newspaper – Delhi). The Board of Directors approved the quarterly results in their meeting held on February 13, 2026, with the financial results receiving limited review from statutory auditors Deloitte Haskins & Sells LLP.

Operational Updates

During the quarter, 79,599 employee stock options were exercised under various ESOP schemes, with 154,598 options exercised during the nine-month period. The company's paid-up share capital stands at INR 118.06 million. The impact of new Labor Codes notified by the Government of India resulted in increased gratuity and leave liabilities of INR 22.02 million, treated as exceptional items due to their non-recurring nature.

RateGain travel Technologies Limited has announced the grant of 40,183 Stock Appreciation Rights (SAR) units under its "RateGain - Stock Appreciation Rights Scheme – 2022" following approval from the company's Nomination and Remuneration Committee on February 08, 2026. The announcement was made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

SAR Grant Details

The company has allocated the SAR units across three distinct tranches with varying prices per unit:

Vesting and Exercise Framework

The SAR units operate under a structured 4-year vesting schedule designed to retain talent and align employee interests with company performance. The vesting framework includes:

• Vesting Period: 4 years from the date of grant
• Vesting Schedule: 10% in Year 1, 20% in Year 2, 30% in Year 3, and 40% in Year 4
• Exercise Period: 3 years from the date of vesting for each tranche

Regulatory Compliance

The SAR grant has been structured in accordance with the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021. Company Secretary and Compliance Officer Mukesh Kumar confirmed that all regulatory requirements have been met for this employee benefit initiative.

About the SAR Scheme

The RateGain Stock Appreciation Rights Scheme 2022 represents the company's commitment to employee retention and performance-based compensation. Stock Appreciation Rights allow employees to benefit from the appreciation in the company's stock value without requiring upfront investment, making it an attractive component of the overall compensation package.

The announcement reflects RateGain Travel Technologies' ongoing efforts to maintain competitive employee benefits while ensuring compliance with regulatory frameworks governing employee stock option schemes in India.