Rites has reported results for third quarter ended December 31, 2023 (Q3FY24).
The company has reported 9.85% fall in net profit at Rs 118.57 crore for the third quarter ended December 31, 2023 as compared to Rs 131.52 crore for the same quarter in the previous year. However, total income of the company increased by 0.26% at Rs 677.73 crore for Q3FY24 as compared Rs 675.99 crore for corresponding quarter of the previous year.
On consolidated basis, the company reported 12.50% fall in its net profit at Rs 128.78 crore for Q3FY24 as compared to Rs 147.18 crore for the same quarter in the previous year. Total income of the company decreased by 0.50% at Rs 699.85 crore for Q3FY24 as compared Rs 703.38 crore for corresponding quarter of the previous year.
