Rites consolidated net profit declines 44.29% in the September 2020 quarter

Sales decline 41.18% to Rs 438.91 crore

Net profit of Rites declined 44.29% to Rs 129.57 crore in the quarter ended September 2020 as against Rs 232.57 crore during the previous quarter ended September 2019. Sales declined 41.18% to Rs 438.91 crore in the quarter ended September 2020 as against Rs 746.24 crore during the previous quarter ended September 2019. ParticularsQuarter EndedSep. 2020Sep. 2019% Var.Sales438.91746.24 -41 OPM %29.0426.25 -PBDT188.12337.18 -44 PBT175.36325.95 -46 NP129.57232.57 -44

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