RITES Q3 FY25 Results : Delayed Export Orders Impact

RITES operating revenue (consolidated), excluding other income, stands at ₹576 crore in Q3FY25 as against ₹683 crore in Q3FY24, a dip by 15.7%. Total revenue is ₹614 crore as against ₹700 crore in Q3FY24. EBITDA and PAT stand at ₹123 crore and ₹109 crore with margins of 21.3% and 17.8%,
respectively. Year-on-year, there is a decrease in revenue which is attributed to lesser revenue from quality assurance, a down tick in turnkey and no exports I have shared my analysis here. Please watch!

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