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Rites reports 37% rise in Q3 consolidated net profit

09 Feb 2022 Evaluate

Rites has reported results for third quarter ended December 31, 2021.

The company has reported rise of 35.08% in its net profit at Rs 133.62 crore for the quarter under review as compared to Rs 98.92 crore for the same quarter in the previous year. Total income of the company increased by 65.97% at Rs 770.55 crore for Q3FY22 as compared Rs 464.26 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported rise of 36.62% in its net profit at Rs 143.87 crore for the quarter under review as compared to Rs 105.31 crore for the same quarter in the previous year. Total income of the company increased by 64.90% at Rs 791.65 crore for Q3FY22 as compared Rs 480.08 crore for the corresponding quarter previous year.

Peers
Company Name CMP
NBCC (India) 82.42
Rites 207.85
Mold-Tek Tech 196.25
Dhruv ConsultancySer 21.80
Telge Projects 218.05
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