How has been the historical performance of Rites?

Jun 23 2025 10:39 PM IST
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Rites has experienced a decline in key financial metrics from March 2023 to March 2025, with net sales dropping from INR 2,628.27 crore to INR 2,217.81 crore, and profit after tax decreasing from INR 570.00 crore to INR 411.43 crore, indicating a challenging period for the company.
Answer:
The historical performance of Rites shows a fluctuating trend in key financial metrics over the years.

Breakdown:
Rites' net sales have seen a decline from INR 2,628.27 crore in March 2023 to INR 2,217.81 crore in March 2025, reflecting a downward trend. Total operating income followed a similar pattern, decreasing from INR 2,628.27 crore in March 2023 to INR 2,217.81 crore in March 2025. The total expenditure, excluding depreciation, also decreased from INR 1,883.34 crore in March 2023 to INR 1,702.81 crore in March 2025. Operating profit (PBDIT) has declined from INR 846.68 crore in March 2023 to INR 620.71 crore in March 2025, indicating a decrease in profitability. Profit before tax also fell from INR 772.95 crore in March 2023 to INR 552.79 crore in March 2025. Consequently, profit after tax decreased from INR 570.00 crore in March 2023 to INR 411.43 crore in March 2025. The earnings per share (EPS) dropped significantly from INR 22.56 in March 2023 to INR 8.01 in March 2025, highlighting a substantial decline in shareholder value. Overall, Rites has experienced a challenging period with declining revenues and profits over the past few years.
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