Rites has reported results for second quarter ended September 30, 2023 (Q2FY24).
The company has reported 11.26% fall in its net profit at Rs 116.59 crore for Q2FY24 as compared to Rs 131.39 crore for the same quarter in the previous year. Total income of the company decreased by 9.39% at Rs 600.67 crore for Q2FY24 as compared Rs 662.90 crore for the corresponding quarter previous year.
On consolidated basis, the company has reported 21.42% fall in its net profit at Rs 110.17 crore for the quarter under review as compared to Rs 140.20 crore for the same quarter in the previous year. Total income of the company decreased by 11.03% at Rs 608.81 crore for Q2FY24 as compared Rs 684.30 crore for the corresponding quarter previous year.
