New Delhi, Jan. 29 -- RITES declared their Q3 results on 28 Jan, 2025, reporting a decrease in topline by 15.69% and a profit drop of 16.69% year-on-year (YoY). The profit stood at Rs.100.09 crore and revenue at Rs.575.76 crore. In comparison to the previous quarter, RITES saw a revenue growth of 6.45% and a profit increase of 37.15%.

The company's Selling, general & administrative expenses rose by 3.28% quarter-on-quarter (q-o-q) and increased slightly by 0.14% YoY. Additionally, operating income was up by 10.98% q-o-q but showed a significant decrease of 34.16% YoY.

The Earnings Per Share (EPS) for Q3 is reported at Rs.2.08, reflecting a decrease of 16.8% YoY. Over the past week, RITES has delivered a return of -6.64%, with a -34.08% ...