RITES Ltd 2020 AR2
The report highlights RITES Limited's financial and operational performance for the fiscal year 2019-2020, achieving its highest-ever consolidated revenue of INR 2,734 crore and profit after tax of INR 633 crore. The company successfully expanded its export of rolling stock, increased its leased locomotives fleet, and made significant progress in domestic infrastructure projects, including metro rail systems and railway electrification. Through its subsidiary REMCL, the company managed traction power procurement and advanced renewable energy installations for Indian Railways. RITES also demonstrated its commitment to sustainability by spending INR 11.21 crore on corporate social responsibility initiatives and achieving PCMM Level-3 certification.
Company: RITES Ltd
Sector: Professional & technical services
Country: India
Year: 2020
Type: AR2
Pages: 300
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RITES Ltd
Annual Report
The report highlights RITES Limited's financial and operational performance for the fiscal year 2019-2020, achieving its highest-ever consolidated revenue of INR 2,734 crore and profit after tax of INR 633 crore. The company successfully expanded its export of rolling stock, increased its leased locomotives fleet, and made significant progress in domestic infrastructure projects, including metro rail systems and railway electrification. Through its subsidiary REMCL, the company managed traction power procurement and advanced renewable energy installations for Indian Railways. RITES also demonstrated its commitment to sustainability by spending INR 11.21 crore on corporate social responsibility initiatives and achieving PCMM Level-3 certification.
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Document Details
Report Year
2020
Reporting Period
Apr 1, 2019 - Mar 31, 2020
Fiscal Year
2020
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Employees