RITES Ltd - 541556 - Announcement under Regulation 30 (LODR)-Newspaper Publication
Newspaper publication of financial results for the quarter and nine months ended 31st December, 202210-02-2023
10-02-2023
Q3FY23 Quarterly Result Announced for Rites Ltd.
Construction & Engineering firm Rites announced Q3FY23 results: Consolidated Q3FY23: Total Revenue stands at Rs 703 crore against Rs 792 crore in Q3FY22 EBITDA stands at Rs 194 crore against Rs 195 crore in Q3FY22 Profit After Tax stands at Rs 147 crore against Rs 144 crore in Q3FY22 Consolidated 9MFY23: Total Revenue stands at Rs 2,024 crore against Rs 1,958 crore 7% growth in EBITDA, Rs 555 crore against Rs 519 crore 9% growth in PAT Rs 432 crore against Rs 396 crore The Takeaways: Sequential growth of 3% & 8% in Revenue from Operations and EBITDA, respectively YoY Profit remains flat despite a dip in export revenue, a high-margin stream YoY core EBITDA Margin up from 23% to 26% Order Book of Rs 5,513 crore (as on December 31, 2022), up by 10% from September 30, 2022; secured 65+ orders worth Rs 1200 crore in Q3FY23 Declared 3 rd Interim Dividend of Rs 6/share, taking the total Interim Dividend to Rs 14.5/share. Commenting on the results, Mr. Rahul Mithal, Chairman and Managing Director, RITES Limited, said, “The USP of our diversified business model was again evident in this quarter with a sequential growth as well as 9% growth in PAT in the 9-month period. At the same time, the margins were maintained by capitalising on our core strength: Consultancy, which grew by 21% in the 9-month period. With a declaration of the 3rd interim dividend of Rs 6 per share, we continue to honour our commitment to our shareholders.” Result PDF10-02-2023
RITES Ltd - 541556 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
Pursuant to Regulation 30 read with Para A of Part A of Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations 2015, please find enclosed herewith a press release dated February 09, 2023 titled "RITES Q3FY23 revenue Rs. 703 cr; PAT Rs. 147 cr, 9MFY23 revenue Rs. 2024 cr; PAT Rs. 432 cr, Declares 3rd interim dividend of Rs. 6/share".09-02-2023
RITES Ltd - 541556 - Announcement under Regulation 30 (LODR)-Investor Presentation
Please find enclosed herewith Investor Presentation dated 09th February, 2023 on Financial Results for the quarter and nine months ended 31st December, 2022.09-02-2023
RITES Ltd - 541556 - Corporate Action-Board approves Dividend
The Board of Directors in their Board Meeting held on February 09, 2023 have declared third interim dividend for the Financial Year 2022-23 at the rate of Rs. 6 per share (60 % of paid-up share capital) of the company. Further, as intimated earlier vide our letter no. RITES/SECY/NSE, dated 19.01.2023, the record date set for the purpose of payment of third interim dividend for Financial Year 2022-23 is February 17, 2023.09-02-2023
RITES Ltd - 541556 - Outcome Of Board Meeting Under Regulation 30 Of SEBI (LODR), 2015
Pursuant to Regulation 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations 2015, the Un-Audited Financial Results (Standalone and Consolidated) of the Company for the quarter and nine months ended on 31st December 2022. 2. Limited Review Report(s) on the Un-Audited Financial Results (Standalone and Consolidated) of the Company for the quarter and nine months ended on 31st December, 2022. The Board of Directors have declared third interim dividend for the Financial Year 2022-23 at the rate of Rs. 6 per share (60 % of paid-up share capital) of the company. Further, as intimated earlier vide our letter no. RITES/SECY/NSE, dated 19.01.2023, the record date set for the purpose of payment of third interim dividend for Financial Year 2022-23 is February 17, 2023.09-02-2023
RITES Ltd - 541556 - Board Meeting Outcome for Outcome Of Board Meeting Under Regulation 30 Of SEBI (LODR), 2015
1. Pursuant to Regulation 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations 2015, the Un-Audited Financial Results (Standalone and Consolidated) of the Company for the quarter and nine months ended on 31st December 2022. 2. Limited Review Report(s) on the Un-Audited Financial Results (Standalone and Consolidated) of the Company for the quarter and nine months ended on 31st December,2022. The Board of Directors have declared third interim dividend for the Financial Year 2022-23 at the rate of Rs. 6 per share (60 % of paid-up share capital) of the company. Further, as intimated earlier vide our letter no. RITES/SECY/NSE, dated 19.01.2023, the record date set for the purpose of payment of third interim dividend for Financial Year 2022-23 is February 17, 2023.09-02-2023
RITES Ltd - 541556 - Intimation Under Regulation 30 Of Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations, 2015 ('SEBI Listing Regulations') In Respect Of Incorporation Of A Joint Venture Company In Israel
Pursuant to the provisions of Regulation 30 of SEBI Listing Regulations, we wish to inform you that RITES Limited in Joint Venture with DMRC and Poran Shrem Engineering and Appraisal Limited, a local company of Israel have incorporated a Joint Venture Company in Israel namely 'MMG - Metro Managment Group Ltd'.08-02-2023
RITES Ltd - 541556 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform you that a Conference Call to discuss Financial Results of the Company for the 3rd quarter and nine months ended on 31st December, 2022 is scheduled to be held on Friday, 10th February, 2023 at 1100 hours.07-02-2023