{"id":147783,"date":"2023-05-31T04:35:40","date_gmt":"2023-05-31T08:35:40","guid":{"rendered":"https:\/\/44.250.171.167\/?p=147783"},"modified":"2023-05-31T04:35:41","modified_gmt":"2023-05-31T08:35:41","slug":"rites-ltd-q4fy23-results-out-revenue-drops-by-10","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/rites-ltd-q4fy23-results-out-revenue-drops-by-10\/","title":{"rendered":"Rites Ltd Q4FY23 results out, revenue drops by 10%"},"content":{"rendered":"\n<p>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).\u00a0<\/p>\n\n\n\n<ul class=\"wp-block-list\" id=\"block-8bc2074e-8cb2-43ff-86a6-4cda577439f2\"><li>Rites Ltd reported Total revenue for Q4 FY23 of \u20b9687 Crore, down from \u20b9766 Crore year on year depicting a decline of 10%.<\/li><li>Total Expenses for Q4 FY23 of \u20b9496 Crore down, from \u20b9562 Crore year on year, a decline of 12%.\u00a0<\/li><li>Consolidated Net Profit of \u20b9139 Crore, down 2% from \u20b9142 Crore in the same quarter of the previous year.<\/li><li>\u00a0The Earnings per Share is \u20b95.49, down 4% from \u20b95.69 in the same quarter of the previous year.<\/li><\/ul>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"512\" src=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/11a28025-993f-4f83-94e0-6ccfd925ae9a-4-8-1024x512.png\" alt=\"\" class=\"wp-image-147786\" srcset=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/11a28025-993f-4f83-94e0-6ccfd925ae9a-4-8-1024x512.png 1024w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/11a28025-993f-4f83-94e0-6ccfd925ae9a-4-8-300x150.png 300w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/11a28025-993f-4f83-94e0-6ccfd925ae9a-4-8-768x384.png 768w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/11a28025-993f-4f83-94e0-6ccfd925ae9a-4-8-1536x768.png 1536w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/11a28025-993f-4f83-94e0-6ccfd925ae9a-4-8-2048x1024.png 2048w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>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).\u00a0 Rites Ltd reported Total revenue [&hellip;]<\/p>\n","protected":false},"author":1863,"featured_media":0,"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],"tags":[10224,10172,12131],"class_list":["post-147783","post","type-post","status-publish","format-standard","hentry","category-earnings","category-industrials","tag-psu","tag-railways","tag-tranport-consultancy"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":168978,"url":"https:\/\/alphastreet.com\/india\/rites-ltd-q4fy25-3-rise-in-profits\/","url_meta":{"origin":147783,"position":0},"title":"Rites Ltd Q4FY25; 3% rise in Profits","author":"Chirag Gupta","date":"July 1, 2025","format":false,"excerpt":"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. 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The company is the only export arm of Indian Railways for providing rolling stock overseas (other than Thailand, Malaysia and Indonesia).\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-296.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-296.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-296.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-296.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-296.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-296.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":179717,"url":"https:\/\/alphastreet.com\/india\/rites-limited-rites-shares-fall-1-3-after-q3-profit-growth-fails-to-offset-bearish-momentum\/","url_meta":{"origin":147783,"position":2},"title":"RITES Limited (RITES) Shares Fall 1.3% After Q3 Profit Growth Fails to Offset Bearish Momentum","author":"Staff Correspondent","date":"February 5, 2026","format":false,"excerpt":"Shares of RITES Limited (NSE: RITES) fell 1.29% to \u20b9222.67 on Thursday, despite reporting a rise in third-quarter consolidated net profit. 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