RITES Q3 result 2024: Profit drops 13% to Rs 129 crore
Fri, Feb 2, 2024 4:01 PM

RITES Q3 result 2024: Profit drops 13% to Rs 129 crore

A Flip by Avya Verma
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RITES Ltd reported a 12.5% decrease in consolidated profit for the quarter ended December 31, 2023, compared to the same period last year. The company's income also dropped slightly. The chairman and managing director attributed this to their strategic decisions and steady growth in project consultancy revenue and EBITDA. RITES Ltd is a multidisciplinary engineering and consultancy organization.

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