RITES Ltd is focusing on increased export orders and diversifying its Quality Assurance (QA) business to boost revenue growth. Despite a slight dip in revenue in Q4 FY25, net profit increased, driven by strategic shifts and a strong order book. The company anticipates improved financial performance in FY26, supported by recent export wins and expansion into new sectors.
The company is shifting focus to streamline operations by automating manual processes and reducing costs, with a goal of achieving profitability by the end of FY25.
The company has decided May 23 as the record/effective date. On this day, the stock price and all derivatives contracts on BSE will be adjusted appropriately
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A healthy order- book, steady execution record and a fairly strong financial position are positives for the company
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