Rites Result Second Quarter 2018

rites ltd

Highlights of the Financial Results

 Total Income up by 93% at `473 crore.
 Operating Income up by 122% at `433 crore.
 Consultancy and Turnkey revenue up by `132 crore and `104 crore respectively.
 EBITDA has nearly doubled to `182 crore as compared to `91.7 crore in Q2’FY18.
 Profit After Tax up by 59% to `117 crore.
 Earnings per Share stands at `5.84 as compared to `3.66 of Q2’FY18.

About RITES Limited:

RITES Limited is a Miniratna (Category – I) Schedule ‘A’ Public Sector Enterprise and a leading player in the transport consultancy and engineering sector in India, having diversified services and geographical reach. Company has an experience spanning 44 years and has undertaken projects in over 55 countries including Asia, Africa, Latin America, South America and Middle East regions. RITES Limited is the only export arm of Indian Railways for providing rolling stock overseas (other than Thailand, Malaysia and Indonesia).