Integrated Filing — IndAS

General information about company
Scrip Code	541556
NSE Symbol	RITES
MSEI Symbol	NOTLISTED
ISIN	INE320J01015
Name of company	RITES LIMITED
Type of company	Main Board
Class of security	Equity
Date of start of financial year	01-Apr-2024
Date of end of financial year	31-Mar-2025
Date of board meeting when results were approved	14-May-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange	28-Apr-2025
Description of presentation currency	INR (in Actuals)
Reporting Type	Quarterly
Reporting Quarter	Fourth quarter
Nature of report standalone or consolidated	Standalone
Whether results are audited or unaudited for the quarter ended	Audited
Whether results are audited or unaudited for the Year to date for current period ended/year ended	Audited
Segment Reporting	Multi segment
Description of single segment
Start date and time of board meeting	14-May-2025   11:00:00
End date and time of board meeting	14-May-2025   13:45:00
Whether cash flow statement is applicable on company	Yes
Type of cash flow statement	Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification	Declaration of unmodified opinion
Whether the company has any related party?	Yes
Whether the company has entered into any Related Party transaction during the selected half year for which it wants to submit disclosure?	Yes
(I) We declare that the acceptance of fixed deposits by the bans/Non-Banking Finance Company are at the terms uniformly applicable/offered to all shareholders/public	NA
(II) We declare that the scheduled commercial bank, as per RBI circular RBI/DBR/2015-16/19 dated March 03, 2016, has allowed additional interest of one per cent per annum, over and above the rate of interest mentioned in the schedule of interest rates on savings or a term deposits of banks staff and their exclusive associations as well as on deposits of Chairman, Chairman & Managing Director, Executive Director or such other Executives appointed for a fixed tenure.	NA
Whether the company is a high value debt listed entity according to regulation 15 (1A)?	No
(a) If answer to above question is Yes, whether complying with proviso to regulation 23 (9), i.e., submitting RPT disclosures on the day of results publication?
(b) If answer to above question is No, please explain the reason for not complying.
Whether the updated Related Party Transactions (RPT) Policy (in compliance with Reg. 23 of SEBI LODR) has been uploaded on the website of the Company?	Yes
Latest Date on which RPT policy is updated	2023-07-28
Indicate Company website link for updated RPT policy of the Company	https://www.rites.com/Upload/MediaGallery/PDF/3/RPT_Revised_Policy_pdf-2023-Aug-22-14-22-56.pdf
Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter?	No
No. of times funds raised during the quarter
Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity?	No
Not Applicable

Financial Results Ind-AS
Particulars		3 months/ 6 months ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
A	Date of start of reporting period	01-Jan-2025	01-Apr-2024
B	Date of end of reporting period	31-Mar-2025	31-Mar-2025
C	Whether results are audited or unaudited	Audited	Audited
D	Nature of report standalone or consolidated	Standalone	Standalone
Part I	Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
1	Income
	Revenue from operations	5866100000	20953100000
	Other income	360400000	1478500000
	Total income	6226500000	22431600000
2	Expenses
(a)	Cost of materials consumed	0	0
(b)	Purchases of stock-in-trade	0	0
(c)	Changes in inventories of finished goods, work-in-progress and stock-in-trade	-523700000	-706500000
(d)	Employee benefit expense	1264700000	5021700000
(e)	Finance costs	12900000	56400000
(f)	Depreciation, depletion and amortisation expense	145300000	529400000
(f)	Other Expenses
1	Travel	140600000	535100000
2	Supplies & Services	2500900000	10159800000
3	Purchases for Export	529200000	735600000
4	Other Expenses	338300000	1107800000
	Total other expenses	3509000000	12538300000
	Total expenses	4408200000	17439300000
3	Total profit before exceptional items and tax	1818300000	4992300000
4	Exceptional items	0	0
5	Total profit before tax	1818300000	4992300000
6	Tax expense
7	Current tax	400200000	1084600000
8	Deferred tax	74000000	105500000
9	Total tax expenses	474200000	1190100000
10	Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement	0	0
11	Net Profit Loss for the period from continuing operations	1344100000	3802200000
12	Profit (loss) from discontinued operations before tax	0	0
13	Tax expense of discontinued operations	0	0
14	Net profit (loss) from discontinued operation after tax	0	0
15	Share of profit (loss) of associates and joint ventures accounted for using equity method	0	0
16	Total profit (loss) for period	1344100000	3802200000
17	Other comprehensive income net of taxes	-17600000	18600000
18	Total Comprehensive Income for the period	1326500000	3820800000
19	Total profit or loss, attributable to
	Profit or loss, attributable to owners of parent
	Total profit or loss, attributable to non-controlling interests
20	Total Comprehensive income for the period attributable to
	Comprehensive income for the period attributable to owners of parent
	Total comprehensive income for the period attributable to owners of parent non-controlling interests
21	Details of equity share capital
	Paid-up equity share capital	4806000000	4806000000
	Face value of equity share capital	10	10
27	Details of debt securities
22	Reserves excluding revaluation reserve		14687200000
23	Earnings per share
i	Earnings per equity share for continuing operations
	Basic earnings (loss) per share from continuing operations	2.8	7.91
	Diluted earnings (loss) per share from continuing operations	2.8	7.91
ii	Earnings per equity share for discontinued operations
	Basic earnings (loss) per share from discontinued operations	0	0
	Diluted earnings (loss) per share from discontinued operations	0	0
ii	Earnings per equity share
	Basic earnings (loss) per share from continuing and discontinued operations	2.8	7.91
	Diluted earnings (loss) per share from continuing and discontinued operations	2.8	7.91
24	Debt equity ratio
25	Debt service coverage ratio
26	Interest service coverage ratio
27	Disclosure of notes on financial results

Remarks
Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio

Statement of Asset and Liabilities
Particulars		Year ended (dd-mm-yyyy)
Date of start of reporting period		01-Apr-2024
Date of end of reporting period		31-Mar-2025
Whether results are audited or unaudited		Audited
Nature of report standalone or consolidated		Standalone
	Assets
1	Non-current assets
	Property, plant and equipment	4192500000
	Capital work-in-progress	475800000
	Investment property	2881500000
	Goodwill	0
	Other intangible assets	251700000
	Intangible assets under development	3100000
	Biological assets other than bearer plants	0
	Investments accounted for using equity method	0
	Non-current financial assets
	Non-current investments	1077500000
	Trade receivables, non-current	0
	Loans, non-current	130000000
	Other non-current financial assets	723400000
	Total non-current financial assets	1930900000
	Deferred tax assets (net)	480000000
	Other non-current assets	940700000
	Total non-current assets	11156200000
2	Current assets
	Inventories	780800000
	Current financial asset
	Current investments	200000000
	Trade receivables, current	7297200000
	Cash and cash equivalents	6636200000
	Bank balance other than cash and cash equivalents	26319000000
	Loans, current	52500000
	Other current financial assets	4425900000
	Total current financial assets	44930800000
	Current tax assets (net)	878300000
	Other current assets	1228600000
	Total current assets	47818500000
3	Non-current assets classified as held for sale
4	Regulatory deferral account debit balances and related deferred tax Assets
	Total assets	58974700000
	Equity and liabilities
1	Equity
	Equity attributable to owners of parent
	Equity share capital	4806000000
	Other equity	20527000000
	Total equity attributable to owners of parent	25333000000
	Non controlling interest
	Total equity	25333000000
2	Liabilities
	Non-current liabilities
	Non-current financial liabilities
	Borrowings, non-current	0
	Trade payables, non-current
	(A) Total outstanding dues of micro enterprises and small enterprises	0
	(B) Total outstanding dues of creditors other than micro enterprises and small enterprises	0
	Total Trade payable	0
	Other non-current financial liabilities	1684100000
	Total non-current financial liabilities	1684100000
	Provisions, non-current	92500000
	Deferred tax liabilities (net)	0
	Deferred government grants, Non-current	0
	Other non-current liabilities	32000000
	Total non-current liabilities	1808600000
	Current liabilities
	Current financial liabilities
	Borrowings, current	0
	Trade payables, current
	(A) Total outstanding dues of micro enterprises and small enterprises	724100000
	(B) Total outstanding dues of creditors other than micro enterprises and small enterprises	2885000000
	Total Trade payable	3609100000
	Other current financial liabilities	24415400000
	Total current financial liabilities	28024500000
	Other current liabilities	3397000000
	Provisions, current	411600000
	Current tax liabilities (Net)	0
	Deferred government grants, Current	0
	Total current liabilities	31833100000
3	Liabilities directly associated with assets in disposal group classified as held for sale
4	Regulatory deferral account credit balances and related deferred tax liability
	Total liabilities	33641700000
	Total equity and liabilites	58974700000
	Disclosure of notes on assets and liabilities	Textual Information(1)

Text Block
Textual Information(1)	Other Intangible Assets of Rs. 25.17 Crores includes the amount of Right of Use Assets of Rs. 21.32 Crores and Intangible Assets other than goodwill of Rs. 3.85 Crores.

Format for Reporting Segmenet wise Revenue, Results and Capital Employed along with the company results
Particulars		3 months/ 6 month ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period		01-Jan-2025	01-Apr-2024
Date of end of reporting period		31-Mar-2025	31-Mar-2025
Whether accounts are audited or unaudited		Audited	Audited
Nature of report standalone or consolidated		Standalone	Standalone
1	Segment Revenue (Income)
	(net sale/income from each segment should be disclosed)
1	CONSULTANCY- DOMESTICt	3074500000	10581600000
2	CONSULTANCY- ABROAD	289000000	747100000
3	EXPORT SALE	74800000	154900000
4	LEASING- DOMESTIC	411300000	1503400000
5	TURNKEY CONSTRUCTION PROJECTS- DOMESTIC	2016500000	7966100000
6	INTEREST	0	0
7	UNALLOCABLE INCOME	0	0
	Total Segment Revenue	5866100000	20953100000
	Less: Inter segment revenue
	Revenue from operations	5866100000	20953100000
2	Segment Result
	Profit (+) / Loss (-) before tax and interest from each segment
1	CONSULTANCY- DOMESTICt	1359300000	3819400000
2	CONSULTANCY- ABROAD	158000000	297000000
3	EXPORT SALE	60800000	91400000
4	LEASING- DOMESTIC	141500000	527500000
5	TURNKEY CONSTRUCTION PROJECTS- DOMESTIC	44400000	113500000
6	INTEREST	183100000	665000000
7	UNALLOCABLE INCOME	177300000	813500000
	Total Profit before tax	2124400000	6327300000
	i. Finance cost	12900000	12900000
	ii. Other Unallocable Expenditure net off Unallocable income	293200000	293200000
	Profit before tax	1818300000	4992300000
3	(Segment Asset - Segment Liabilities)
	Segment Asset
1	CONSULTANCY- DOMESTICt	0	0
2	CONSULTANCY- ABROAD	0	0
3	EXPORT SALE	0	0
4	LEASING- DOMESTIC	0	0
5	TURNKEY CONSTRUCTION PROJECTS- DOMESTIC	0	0
6	INTEREST	0	0
7	UNALLOCABLE INCOME	0	0
	Total Segment Asset	0	0
	Un-allocable Assets	0	0
	Net Segment Asset	0	0
4	Segment Liabilities
	Segment Liabilities
1	CONSULTANCY- DOMESTICt	0	0
2	CONSULTANCY- ABROAD	0	0
3	EXPORT SALE	0	0
4	LEASING- DOMESTIC	0	0
5	TURNKEY CONSTRUCTION PROJECTS- DOMESTIC	0	0
6	INTEREST	0	0
7	UNALLOCABLE INCOME	0	0
	Total Segment Liabilities	0	0
	Un-allocable Liabilities	0	0
	Net Segment Liabilities	0	0
	Disclosure of notes on segments

Other Comprehensive Income
Particulars		3 months/ 6 months ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
A	Date of start of reporting period	01-Jan-2025	01-Apr-2024
B	Date of end of reporting period	31-Mar-2025	31-Mar-2025
C	Whether results are audited or unaudited	Audited	Audited
D	Nature of report standalone or consolidated	Standalone	Standalone
	Other comprehensive income [Abstract]
1	Amount of items that will not be reclassified to profit and loss
1	Remeasurements of the Defined Benefit Liability/ Asset	-23600000	24800000
2	Income Tax Effect	6000000	-6200000
	Total Amount of items that will not be reclassified to profit and loss	-17600000	18600000
2	Income tax relating to items that will not be reclassified to profit or loss	0	0
3	Amount of items that will be reclassified to profit and loss
	Total Amount of items that will be reclassified to profit and loss
4	Income tax relating to items that will be reclassified to profit or loss
5	Total Other comprehensive income	-17600000	18600000

Cash flow statement, indirect
Particulars				Year ended (dd-mm-yyyy)
A	Date of start of reporting period			2024-04-01
B	Date of end of reporting period			2025-03-31
C	Whether results are audited or unaudited			Audited
D	Nature of report standalone or consolidated			Standalone
Part I	Blue color marked fields are non-mandatory.
	Statement of cash flows
	Cash flows from used in operating activities
	Profit before tax			4992300000
	Adjustments for reconcile profit (loss)
	Adjustments for finance costs			56400000
	Adjustments for decrease (increase) in inventories			-719900000
	Adjustments for decrease (increase) in trade receivables, current			1566500000
	Adjustments for decrease (increase) in trade receivables, non-current			0
	Adjustments for decrease (increase) in other current assets			0
	Adjustments for decrease (increase) in other non-current assets			0
	Adjustments for other financial assets, non-current			0
	Adjustments for other financial assets, current			-1716100000
	Adjustments for other bank balances			0
	Adjustments for increase (decrease) in trade payables, current			1451700000
	Adjustments for increase (decrease) in trade payables, non-current			0
	Adjustments for increase (decrease) in other current liabilities			0
	Adjustments for increase (decrease) in other non-current liabilities			0
	Adjustments for depreciation and amortisation expense			529400000
	Adjustments for impairment loss reversal of impairment loss recognised in profit or loss			0
	Adjustments for provisions, current			-132300000
	Adjustments for provisions, non-current			0
	Adjustments for other financial liabilities, current			2043100000
	Adjustments for other financial liabilities, non-current			0
	Adjustments for unrealised foreign exchange losses gains			29900000
	Adjustments for dividend income			481900000
	Adjustments for interest income			600100000
	Adjustments for share-based payments			0
	Adjustments for fair value losses (gains)			0
	Adjustments for undistributed profits of associates			0
	Other adjustments for which cash effects are investing or financing cash flow			0
	Other adjustments to reconcile profit (loss)			-75300000
	Other adjustments for non-cash items			0
	Share of profit and loss from partnership firm or association of persons or limited liability partnerships			0
	Total adjustments for reconcile profit (loss)			1951400000
	Net cash flows from (used in) operations			6943700000
	Dividends received			0
	Interest paid			0
	Interest received			0
	Income taxes paid (refund)			1364100000
	Other inflows (outflows) of cash			142100000
	Net cash flows from (used in) operating activities			5721700000
	Cash flows from used in investing activities
	Cash flows from losing control of subsidiaries or other businesses			0
	Cash flows used in obtaining control of subsidiaries or other businesses			0
	Other cash receipts from sales of equity or debt instruments of other entities			0
	Other cash payments to acquire equity or debt instruments of other entities			0
	Other cash receipts from sales of interests in joint ventures			0
	Other cash payments to acquire interests in joint ventures			0
	Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships			0
	Cash payment for investment in partnership firm or association of persons or limited liability partnerships			0
	Proceeds from sales of property, plant and equipment			3400000
	Purchase of property, plant and equipment			1324500000
	Proceeds from sales of investment property			0
	Purchase of investment property			0
	Proceeds from sales of intangible assets			0
	Purchase of intangible assets			0
	Proceeds from sales of intangible assets under development			0
	Purchase of intangible assets under development			0
	Proceeds from sales of goodwill			0
	Purchase of goodwill			0
	Proceeds from biological assets other than bearer plants			0
	Purchase of biological assets other than bearer plants			0
	Proceeds from government grants			0
	Proceeds from sales of other long-term assets			0
	Purchase of other long-term assets			0
	Cash advances and loans made to other parties			0
	Cash receipts from repayment of advances and loans made to other parties			0
	Cash payments for future contracts, forward contracts, option contracts and swap contracts			0
	Cash receipts from future contracts, forward contracts, option contracts and swap contracts			0
	Dividends received			483900000
	Interest received			506700000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			-1636800000
	Net cash flows from (used in) investing activities	-1967300000
	Cash flows from used in financing activities
	Proceeds from changes in ownership interests in subsidiaries			0
	Payments from changes in ownership interests in subsidiaries			0
	Proceeds from issuing shares			0
	Proceeds from issuing other equity instruments			0
	Payments to acquire or redeem entity's shares			0
	Payments of other equity instruments			0
	Proceeds from exercise of stock options			0
	Proceeds from issuing debentures notes bonds etc			0
	Proceeds from borrowings			0
	Repayments of borrowings			0
	Payments of lease liabilities			21700000
	Dividends paid			3556500000
	Interest paid			48700000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			0
	Net cash flows from (used in) financing activities			-3626900000
	Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes			127500000
	Effect of exchange rate changes on cash and cash equivalents
	Effect of exchange rate changes on cash and cash equivalents			-500000
	Net increase (decrease) in cash and cash equivalents			127000000
	Cash and cash equivalents cash flow statement at beginning of period			6509200000
	Cash and cash equivalents cash flow statement at end of period			6636200000