If a business racks up profits, losses, or sales, it makes a lot of them. If a sportsman, sportswoman, or team racks up wins, they win a lot of matches or races.
Lower rates mean that firms are more likely to rack up profits in the coming months. [VERBPARTICLE noun]
India while not racking up such an impressive score beat Japan 3-0. [VERBPARTICLE noun (not pronoun)]
See full dictionary entry for rack
rack up in British English
verb(tr, adverb)
1.
to accumulate (points)
2. Also: rack down
to adjust the vertical alignment of (the picture from a film projector or telecine machine) so that the upper or lower edges of the frame do not show