RITES Ltd., the leading Transport Infrastructure Consultancy and Engineering company, reported its standalone and consolidated financial results for the Quarter ended on 30th June, 2021.
Consolidated: RITES operating revenue, excluding other income, is up by 5.7% at Rs 355 crore in Q1FY22 as against Rs 335 crore in Q1FY21. Total revenue has remained flat at Rs 377 crore as against Rs 379 crore in Q1FY21. EBITDA and PAT stand at Rs 97 crore and Rs 78 crore against Rs 60 crore and Rs 65 crore, up by 61.6% and 19.8% respectively, in Q1FY21.
Standalone: Operating revenue, excluding other income, is up by 3% and stands at Rs 332 crore in Q1FY22 against Rs 323 crore in Q1FY21. Total standalone revenue stands at Rs 359 crore against Rs 366 crore in Q1FY21. EBITDA and PAT stand at Rs 78 crore and Rs 71 crore against Rs 51 crore and Rs 60 crore, up by 52.5% and 17.2% respectively, in Q1FY21. EBITDA and PAT margins stand at 23.4% and 19.6%, respectively.