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 |
