Categories AlphaGraphs, Earnings, Industrials

Rites Ltd Q4FY24; 1% fall in Profits

Established in 1974, RITES Limited is a public sector enterprise and a leading player in the transport consultancy and engineering sector in India, having diversified services and geographical reach. The company is the only export arm of Indian Railways for providing rolling stock overseas (other than Thailand, Malaysia and Indonesia).

Financial Results:

Rites Ltd reported Revenues for Q4FY24 of ₹643.00 Crores down from ₹687.00 Crore year on year, a fall of 6.4%.

Total Expenses for Q4FY24 of ₹483.00 Crores down from ₹515.00 Crores year on year, a fall of 6.21%.

Consolidated Net Profit of ₹137.00 Crores down 1.44% from ₹139.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹5.25, down 4.37% from ₹5.49 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

Most Popular

Cochin Shipyard Ltd (COCHINSHIP) Q4 FY22 Earnings Concall Transcript

Cochin Shipyard Limited (NSE:COCHINSHIP) Q4 FY22 Earnings Concall dated May. 26, 2022 Corporate Participants: Madhu S Nair -- Chairman & Managing Director Jose V J -- Director Finance Analysts: Vastupal Shah

All you need to know about Antony Waste Handling Cell in one article

Can you guess the name of the company that was listed during the IPO frenzy in 2020 and is the second largest player in the Indian municipal waste management industry?

Demystifying the Leading Non-Ferrous Recycling Company of India

“Hey, how is the market doing today?” “Oh!, its falling tremendously since morning” I am sure news like these might be a common topic of discussion for you nowadays. Interestingly,

Top