Net profit of Rites declined 16.69% to Rs 100.09 crore in the quarter ended December 2024 as against Rs 120.14 crore during the previous quarter ended December 2023. Sales declined 15.69% to Rs 575.76 crore in the quarter ended December 2024 as against Rs 682.89 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales575.76682.89 -16 OPM %20.3824.73 - PBDT159.99185.80 -14 PBT144.01170.84 -16 NP100.09120.14 -17 Powered by Capital Market - Live News

RITES announced that the Board of Directors of the Company at its meeting held on 28 January 2025, has recommended a Third Interim dividend of Rs.1.90 per share (i.e.19%), subject to the approval of the shareholders.Powered by Capital Market - Live News

RITES will hold a meeting of the Board of Directors of the Company on 28 January 2025.Powered by Capital Market - Live News

RITES has received work order from Steel Authority of India - Bhilai Steel Plant for R3Y/ R6Y Repair of WDS6 Locomotives (43 Nos.) for a period of 3 years. The value of the contract is Rs 69.78 crore. Powered by Capital Market - Live News

Rites announced that subsequent to emerging as top scorer (H-1 bidder) based on QCBS evaluation for provision of Engineering Services for Design- Build-Finance: Upgrading of the Palmyra to Moleson Creek Highway- Lot 1-3 from Ministry of Public Works, Government of the Co-operative Republic of Guyana�, the company has now received notification of Intention to Award from Ministry of Public Works, Government of the Co-operative Republic of Guyana. The size of the project is USD 9,713,470/- excluding taxes. Powered by Capital Market - Live News