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May 17th, 2016, 10:21 AM
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Join Date: Mar 2012
RITES Ltd Balance Sheet

Hi I would like to have the financial state of the RITES Limited as well as the highlight of the financials of the company?

RITES Limited (before known as Rail India Technical and Economic Service) is a designing consultancy organization, having some expertise in the field of transport framework. Set up in 1974 by the Government of India, the organization's underlying sanction was to give consultancy administrations in rail transport administration to administrators in India and abroad.

Customs has subsequent to enhanced into arranging and counselling administrations for other foundation, including airplane terminals, ports, parkways and urban arranging. As of late on-shore WDS6 Diesel Loco Leasing administration has been presented. It has been honoured the status of MINIRATNA in 2002.

The year 2014-15 has been a exceptional year, as Company recorded the most noteworthy ever Profit some time recently expense of ` 456 crore, higher by 18% of the earlier year. There is a slight fall in the working pay of the Company at ` 1015 crore, contrasted with ` 1093 crore in the earlier year,

The fall in fares has been altogether met through ascent in the salary from the center business of consultancy and renting, which has seen an expansion of 31% from `593 crore to `776 crore.


FINANCIAL HIGHLIGHTS
The financial performance of the Company for the year 2014-15
is given below:


(` in Crore)
Particulars 2014-15 2013-14
Financial Results:
Total Income 1166 1246
Operating Turnover 1015 1093
Operating Expenditure 710 860
Other Income 151 153
Profit Before Tax (PBT) 456 386
Income /Deferred Tax (150) (122)
Profit After Tax (PAT) 306 264
Appropriations:
Dividend including
Interim Dividend 62 53
Dividend Tax 13 9
Transfer to General Reserve 231 202

Please find the balance sheet of the RITES Limited below

Balance Sheet of RITES Limited


Last edited by Neelurk; June 1st, 2020 at 02:00 PM.
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