Saturday, April 1, 2023
Google search engine
HomeMarketStocksRITES Sept quarter PAT drops 20% to Rs 140 cr

RITES Sept quarter PAT drops 20% to Rs 140 cr

, a public sector transport consultancy and engineering agency, has reported 19.6 per cent decline in consolidated revenue after tax (PAT) at Rs 140.20 crore for September quarter 2022-23. The corporate had logged a PAT of Rs 174.49 crore within the year-ago interval, RITES stated in a BSE submitting on Friday.

Revenue dropped to Rs 684.30 crore from Rs 788.85 crore within the year-ago interval.

“The pattern of sequential development as additionally seen vis-a-vis H1 (April-September) of the earlier 12 months continues regardless of a dip within the export stream of income.

“The outcomes reiterate our core energy and the USP (distinctive promoting level) of getting a diversified enterprise portfolio,” Chairman and Managing Director Rahul Mithal stated.
RITES is a miniratna public sector enterprise and a number one participant within the transport consultancy and engineering sector within the nation.

Source link

- Advertisment -
Google search engine

Most Popular

Recent Comments