{"id":142888,"date":"2023-02-27T07:59:16","date_gmt":"2023-02-27T12:59:16","guid":{"rendered":"https:\/\/44.250.171.167\/?p=142888"},"modified":"2023-02-27T07:59:18","modified_gmt":"2023-02-27T12:59:18","slug":"rites-limited-q3fy23-earnings-story","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/rites-limited-q3fy23-earnings-story\/","title":{"rendered":"Rites Limited Q3FY23 Earnings Story"},"content":{"rendered":"\n

A leader in the Indian engineering and transportation consulting industries with a wide range of services, RITES Ltd<\/a> is a government sector organisation. The business is the only branch of Indian Railways that exports rolling stock.<\/p>\n\n\n\n

Financial Results:<\/h2>\n\n\n\n

Rites Limited\u00a0increased their net profit from Q3FY22’s Rs.\u00a0144 Cr.\u00a0to Rs.\u00a0147 Cr.\u00a0in Q3FY23. According to the corporation, overall revenue is now Rs.\u00a0703 Cr., down from Rs.\u00a0792 Cr.\u00a0in Q3FY22.<\/p>\n\n\n\n

In comparison to Q3FY22, when the consolidated EBITDA was 195 crore, it slightly decreased to 194 crore in Q3FY23. EBITDA margin, however, increased to 28.6 percent\u00a0in Q3FY23 from 25.2 percent\u00a0recorded in the same period the year before.<\/p>\n","protected":false},"excerpt":{"rendered":"

A leader in the Indian engineering and transportation consulting industries with a wide range of services, RITES Ltd is a government sector organisation. The business is the only branch of Indian Railways that exports rolling stock. Financial Results: Rites Limited\u00a0increased their net profit from Q3FY22’s Rs.\u00a0144 Cr.\u00a0to Rs.\u00a0147 Cr.\u00a0in Q3FY23. According to the corporation, overall […]<\/p>\n","protected":false},"author":1885,"featured_media":138666,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[392,5753,6352],"tags":[8588,8235,11761],"class_list":["post-142888","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-earnings","category-industrials","category-research-summary","tag-consulting","tag-engineering","tag-rails"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/01\/istockphoto-95425656-612x612-1.jpg","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":139494,"url":"https:\/\/alphastreet.com\/india\/bajaj-holdings-and-investments-limited-nse-bajajhldng-releases-q3-fy23-results\/","url_meta":{"origin":142888,"position":0},"title":"Bajaj Holdings and Investments Limited (NSE: BAJAJHLDNG) Releases Q3 FY23 Results","author":"Divyansh_Kasana","date":"January 30, 2023","format":false,"excerpt":"Bajaj Holdings and Investments Limited (NSE: BAJAJHLDNG) is an Indian holding company headquartered in Mumbai. 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