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.