Alpha Tribe

RITES LimitedPPTs, 06-11-2024: Investor Presentation

06-11-2024 · 04:48 pm

RITES Limited announced strong business updates for Q2 FY25, reporting an order book of ₹6,581 crore and securing over 90 contracts valued at ₹729 crore. The company issued bonus shares in a 1:1 ratio and proposed a second interim dividend of ₹1.75 per share. Despite a 16.5% revenue increase over Q1, profits were moderated due to reduced Quality Assurance income and monsoon-related turnkey execution challenges. New collaborations were signed to enhance consultancy and project management services.

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