RITES has reported results for first quarter ended June 30, 2021.
The company has reported 17.21% rise in its net profit at Rs 70.48 crore for the quarter under review as compared to Rs 60.13 crore for the same quarter in the previous year. However, total income of the company decreased by 1.86% at Rs 358.98 crore for Q1FY22 as compared Rs 365.79 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported rise of 14.71% in its net profit attributable to equity shareholders at Rs 71.99 crore for the quarter under review as compared to Rs 62.76 crore for the same quarter in the previous year. However, total income of the company marginally decreased by 0.47% at Rs 377.26 crore for Q1FY22 as compared Rs 379.04 crore for the corresponding quarter previous year.
