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	Consolidated
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

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	Consolidated	Consolidated
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	6154300000	22178100000
	Other income	235200000	1057100000
	Total income	6389500000	23235200000
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	1268500000	5033700000
(e)	Finance costs	12900000	58000000
(f)	Depreciation, depletion and amortisation expense	167900000	621200000
(f)	Other Expenses
1	Travel	142200000	542100000
2	Supplies & Services	2510600000	10185200000
3	Purchases for Export	529200000	735600000
4	Generation Expenses	21500000	85500000
5	Other Expenses	349900000	1152500000
	Total other expenses	3553400000	12700900000
	Total expenses	4479000000	17707300000
3	Total profit before exceptional items and tax	1910500000	5527900000
4	Exceptional items	0	0
5	Total profit before tax	1910500000	5527900000
6	Tax expense
7	Current tax	461700000	1353000000
8	Deferred tax	72500000	60600000
9	Total tax expenses	534200000	1413600000
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	1376300000	4114300000
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	37000000	122300000
16	Total profit (loss) for period	1413300000	4236600000
17	Other comprehensive income net of taxes	-16700000	19900000
18	Total Comprehensive Income for the period	1396600000	4256500000
19	Total profit or loss, attributable to
	Profit or loss, attributable to owners of parent	1327100000	3848000000
	Total profit or loss, attributable to non-controlling interests	86200000	86200000
20	Total Comprehensive income for the period attributable to
	Comprehensive income for the period attributable to owners of parent	-16700000	19900000
	Total comprehensive income for the period attributable to owners of parent non-controlling interests	0	0
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		14931000000
23	Earnings per share
i	Earnings per equity share for continuing operations
	Basic earnings (loss) per share from continuing operations	2.76	8.01
	Diluted earnings (loss) per share from continuing operations	2.76	8.01
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	2.76	8.01
	Diluted earnings (loss) per share from continuing and discontinued operations	2.76	8.01
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		Consolidated
	Assets
1	Non-current assets
	Property, plant and equipment	5689100000
	Capital work-in-progress	475800000
	Investment property	2881500000
	Goodwill	0
	Other intangible assets	272400000
	Intangible assets under development	3100000
	Biological assets other than bearer plants	0
	Investments accounted for using equity method	967600000
	Non-current financial assets
	Non-current investments	400000
	Trade receivables, non-current	0
	Loans, non-current	130000000
	Other non-current financial assets	723400000
	Total non-current financial assets	853800000
	Deferred tax assets (net)	206000000
	Other non-current assets	974600000
	Total non-current assets	12323900000
2	Current assets
	Inventories	780800000
	Current financial asset
	Current investments	200000000
	Trade receivables, current	7399700000
	Cash and cash equivalents	6881000000
	Bank balance other than cash and cash equivalents	26870200000
	Loans, current	52500000
	Other current financial assets	4576500000
	Total current financial assets	45979900000
	Current tax assets (net)	878300000
	Other current assets	1229100000
	Total current assets	48868100000
3	Non-current assets classified as held for sale	0
4	Regulatory deferral account debit balances and related deferred tax Assets	0
	Total assets	61192000000
	Equity and liabilities
1	Equity
	Equity attributable to owners of parent
	Equity share capital	4806000000
	Other equity	21595500000
	Total equity attributable to owners of parent	26401500000
	Non controlling interest	1091100000
	Total equity	27492600000
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	2918700000
	Total Trade payable	3642800000
	Other current financial liabilities	24421000000
	Total current financial liabilities	28063800000
	Other current liabilities	3414300000
	Provisions, current	412700000
	Current tax liabilities (Net)	0
	Deferred government grants, Current	0
	Total current liabilities	31890800000
3	Liabilities directly associated with assets in disposal group classified as held for sale	0
4	Regulatory deferral account credit balances and related deferred tax liability	0
	Total liabilities	33699400000
	Total equity and liabilites	61192000000
	Disclosure of notes on assets and liabilities	Textual Information(1)

Text Block
Textual Information(1)	1.Other Intangible Assets of Rs. 27.24 Crores includes the amount of Right to Use Assets of Rs. 21.98 Crores and Intangible Assets other than Goodwill of Rs.5.26 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		Consolidated	Consolidated
1	Segment Revenue (Income)
	(net sale/income from each segment should be disclosed)
1	Consultancy-Domestic	3332500000	11634800000
2	Consultancy-Abroad	290700000	773500000
3	Export Sale	74800000	154900000
4	Leasing-Domestic	411300000	1503400000
5	Turnkey Construction Projects	2016500000	7966100000
6	Power Generation	28500000	145400000
7	Share of Net Profit/(Loss) of Joint Ventures	0	0
	Total Segment Revenue	6154300000	22178100000
	Less: Inter segment revenue
	Revenue from operations	6154300000	22178100000
2	Segment Result
	Profit (+) / Loss (-) before tax and interest from each segment
1	Consultancy-Domestic	1599200000	4826200000
2	Consultancy-Abroad	155000000	297300000
3	Export Sale	60800000	91400000
4	Leasing-Domestic	141500000	527500000
5	Turnkey Construction Projects	44400000	113500000
6	Power Generation	-8300000	-2700000
7	Share of Net Profit/(Loss) of Joint Ventures	37000000	122300000
	Total Profit before tax	2029600000	5975500000
	i. Finance cost	12900000	12900000
	ii. Other Unallocable Expenditure net off Unallocable income	69200000	69200000
	Profit before tax	1947500000	5650200000
3	(Segment Asset - Segment Liabilities)
	Segment Asset
1	Consultancy-Domestic	0	0
2	Consultancy-Abroad	0	0
3	Export Sale	0	0
4	Leasing-Domestic	0	0
5	Turnkey Construction Projects	0	0
6	Power Generation	0	0
7	Share of Net Profit/(Loss) of Joint Ventures	0	0
	Total Segment Asset	0	0
	Un-allocable Assets	0	0
	Net Segment Asset	0	0
4	Segment Liabilities
	Segment Liabilities
1	Consultancy-Domestic	0	0
2	Consultancy-Abroad	0	0
3	Export Sale	0	0
4	Leasing-Domestic	0	0
5	Turnkey Construction Projects	0	0
6	Power Generation	0	0
7	Share of Net Profit/(Loss) of Joint Ventures	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	Consolidated	Consolidated
	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	Remeasurements of the Defined Benefit Liability /Asset of Joint Ventures	0	0
	Total Amount of items that will not be reclassified to profit and loss	-23600000	24800000
2	Income tax relating to items that will not be reclassified to profit or loss	-6000000	6200000
3	Amount of items that will be reclassified to profit and loss
1	Foreign Currency Translation Reserve	900000	1300000
	Total Amount of items that will be reclassified to profit and loss	900000	1300000
4	Income tax relating to items that will be reclassified to profit or loss	0	0
5	Total Other comprehensive income	-16700000	19900000

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			Consolidated
Part I	Blue color marked fields are non-mandatory.
	Statement of cash flows
	Cash flows from used in operating activities
	Profit before tax			5527900000
	Adjustments for reconcile profit (loss)
	Adjustments for finance costs			58000000
	Adjustments for decrease (increase) in inventories			-719900000
	Adjustments for decrease (increase) in trade receivables, current			1650100000
	Adjustments for decrease (increase) in trade receivables, non-current			0
	Adjustments for decrease (increase) in other current assets			-1739400000
	Adjustments for decrease (increase) in other non-current assets			0
	Adjustments for other financial assets, non-current			0
	Adjustments for other financial assets, current			0
	Adjustments for other bank balances			0
	Adjustments for increase (decrease) in trade payables, current			1447100000
	Adjustments for increase (decrease) in trade payables, non-current			0
	Adjustments for increase (decrease) in other current liabilities			2009800000
	Adjustments for increase (decrease) in other non-current liabilities			0
	Adjustments for depreciation and amortisation expense			621200000
	Adjustments for impairment loss reversal of impairment loss recognised in profit or loss			0
	Adjustments for provisions, current			-134000000
	Adjustments for provisions, non-current			0
	Adjustments for other financial liabilities, current			0
	Adjustments for other financial liabilities, non-current			0
	Adjustments for unrealised foreign exchange losses gains			31200000
	Adjustments for dividend income			100000
	Adjustments for interest income			655000000
	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)			0
	Other adjustments for non-cash items			-75300000
	Share of profit and loss from partnership firm or association of persons or limited liability partnerships			0
	Total adjustments for reconcile profit (loss)			2493700000
	Net cash flows from (used in) operations			8021600000
	Dividends received			0
	Interest paid			0
	Interest received			0
	Income taxes paid (refund)			1651000000
	Other inflows (outflows) of cash			142200000
	Net cash flows from (used in) operating activities			6512800000
	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			1326100000
	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			48100000
	Interest received			559300000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			-1479400000
	Net cash flows from (used in) investing activities	-2194700000
	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			3973200000
	Interest paid			0
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			-50300000
	Net cash flows from (used in) financing activities			-4045200000
	Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes			272900000
	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			272400000
	Cash and cash equivalents cash flow statement at beginning of period			6608600000
	Cash and cash equivalents cash flow statement at end of period			6881000000