RITES has reported results for first quarter ended June 30, 2024 (Q1FY25).
The company has reported 32.35% fall in net profit at Rs 64.86 crore for Q1FY25 as compared to Rs 95.88 crore for the same quarter in the previous year. Total income of the company decreased by 8.87% at Rs 475.14 crore for Q1FY25 as compared to Rs 521.36 crore for the corresponding quarter previous year.
On consolidated basis, the company has reported 24.37% fall in its net profit at Rs 90.44 crore for the quarter ended June 30, 2024 as compared to Rs 119.58 crore for the same quarter in the previous year. Total income of the company decreased by 9.67% at Rs 508.25 crore for Q1FY25 as compared to Rs 562.63 crore for the corresponding quarter previous year.
