RITES Reports Revenue Rs 684 cr

| | Gurugram
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RITES Reports Revenue Rs 684 cr

Saturday, 12 November 2022 | PTI | Gurugram

RITES Ltd, the leading Transport Infrastructure Consultancy and Engineering firm, announced its standalone and consolidated financial results for the Quarter and Half-Year ended on September 30th, 2022. The company reported good H1 performance with the year-on-year growth at 13.3%. Its total revenue stands at Rs 684 crore in third quarter against 789 crore in second quarter. Commenting on theresults, Mr. Rahul Mithal, Chairman and Managing Director, RITES Limited, said, "The trend of sequential growth as also seen vis-a-vis H1 of the previous year continues despite a dip in the Export stream of revenue. The results reiterate our core strength and the USP of having a diversified business portfolio.

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