RITES Limited — Results, 28-01-2025: Integrated Filing- Financial
28-01-2025 | 01:36 pm
28-01-2025 | 01:36 pm
RITES Limited's Board has approved the unaudited financial results for the quarter and nine months ended December 31, 2024. Key highlights include a revenue from operations of ₹544.53 crore for the quarter, a decrease from ₹652.88 crore in the previous year. The company reported a net profit after tax of ₹94.99 crore, down from ₹118.57 crore year-over-year. Additionally, a third interim dividend of ₹1.90 per share was declared, with a record date of February 1, 2025. This solidifies RITES' commitment to shareholder returns, though declining revenue may prompt investor caution regarding growth trajectories.
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