RITES · NSE: RITES · BSE: 541556

Q2 FY23 results · Jul–Sep 2022

RITES reported revenue from operations of ₹659.08 crore (down 12.7% from Q2 FY22) and net profit of ₹140.20 crore (down 19.7% from Q2 FY22) for Q2 FY23 (Jul–Sep 2022), on a consolidated basis.

Consolidated · ₹ crore
Item	Q2 FY23	Q2 FY22	YoY	Q1 FY23	QoQ
Revenue from operations	659.08	755.18	−12.7%	605.04	+8.9%
Other income	25.22	33.67	−25.1%	31.67	−20.4%
Total income	684.30	788.85	−13.3%	636.71	+7.5%
Profit before share of associates & JVs and tax	188.45	234.31	−19.6%	194.61	−3.2%
Share of profit/(loss) of associates & JVs	(0.17)	0.09		0.51
Net profit for the period	140.20	174.49	−19.7%	144.70	−3.1%
Attributable to shareholders of the company	132.42	168.97	−21.6%	137.52	−3.7%
EPS, basic (₹)	5.51	7.03	−21.6%	5.72	−3.7%
Net margin (%)	21.3	23.1		23.9

This company reports a share of profit/(loss) from associates and joint ventures. BSE’s filing format records that share after tax, so it is shown on its own line. The company’s own statement may add it before its “profit before tax” line.

Standalone · ₹ crore
Item	Q2 FY23	Q2 FY22	YoY	Q1 FY23	QoQ
Revenue from operations	631.67	733.59	−13.9%	578.33	+9.2%
Other income	31.23	33.35	−6.4%	31.40	−0.5%
Total income	662.90	766.94	−13.6%	609.73	+8.7%
Profit before tax	172.93	218.32	−20.8%	173.58	−0.4%
Net profit for the period	131.39	163.13	−19.5%	129.26	+1.6%
EPS, basic (₹)	5.47	6.79	−19.4%	5.38	+1.7%
Net margin (%)	20.8	22.2		22.4

Consolidated

Filed with BSE: 12 Nov 2022, 16:34 IST
Board meeting: 10 Nov 2022
Period: 01 Jul 2022 to 30 Sep 2022
Review status: Unaudited
Source: XBRL filing on BSE

Standalone

Filed with BSE: 12 Nov 2022, 16:34 IST
Board meeting: 10 Nov 2022
Period: 01 Jul 2022 to 30 Sep 2022
Review status: Unaudited
Source: XBRL filing on BSE