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Revenue for the quarter fell 15.7% from last year to ₹575.8 crore. The company had reported a topline of ₹682.9 crore in the base quarter.
Net profit for the period also fell 15% year-on-year to ₹109.4 crore.
Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) for RITES fell 30.5% on a year-on-year basis to ₹117.4 crore, while margins narrowed by 440 basis points from last year to 24.8%.
The company also declared its third interim dividend for financial year 2025, which was ₹1.9 per share. Record date for the dividend payout has been fixed as Saturday, February 1, 2025.
In September last year, the company had also declared a bonus issue of shares in the ratio of 1:1.
Shares of RITES are trading 1.2% lower at ₹251.6. The stock is down 40% from its peak of ₹412.
