RITES RITES Q3 FY25 results (Oct–Dec 2024) and concall
Rites reported a challenging Q3 on a YoY basis due to the completion of older turnkey projects and a hiatus in exports, but achieved record-breaking order inflows. The company is pivoting from Line of Credit-based exports to competitive global bidding, which is expanding the order book but compressing segment margins. Management expressed high confidence in a sharp recovery in FY26, supported by an ₹8,000 crore order book and improved execution pace.
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What they filed
| Line item | Q2 FY25 | Q3 FY25 |
|---|---|---|
| Revenue | 541 | 576 |
| EBITDA | 106 | 117 |
| Net profit | 82 | 109 |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Inve summary of a publicly available earnings call transcript; see how call summaries are prepared. Not investment advice.
