• Website last updated at: 27-Sep-2022 05:27 PM
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A JV of RITES Ltd and Indian Railways
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Financial Highlights

During the financial year 2021-22, your company has achieved highest-ever turnover of ₹ 95.13 crore, up by 38.4% from FY21 turnover of ₹68.74 crore. The profit before tax is ₹ 64.31 crore, up by 86.7%, as compared to ₹ 34.44 crore of the previous year.

 Also, your company is now a debt-free entity. In May 2022, it repaid all its debt of ₹ 24 crore, which appears in the balance sheet as on March 31, 2022.

FINANCIAL HIGHLIGHTS:

The financial performance of the Company for the financial year 2020-21 is given below:

(`in Crore) 

Particulars 2020-21 2019-20

Financial Results

Total Income 68.73 80.96
Operating Turnover 67.87 78.56
Operating Expenditure 34.31 31.22
Other Income 0.86 2.40
Profit Before Tax (PBT) 34.42 49.74
Taxes including deferred Tax 10.30 14.73
Profit After Tax (PAT) 24.12 35.01
Dividend including Dividend Distribution Tax 10.50 14.96
Transfer to Retained Earnings (General Reserve) 24.12 20.05
Net Worth 179.90 166.28