RITES eyes revenue growth through export focus, quality assurance & business diversification: CMD
RITES eyes revenue growth through export focus, quality assurance & business diversification: CMD
RITES Ltd is focusing on increased export orders and diversifying its Quality Assurance (QA) business to boost revenue growth. Despite a slight dip in revenue in Q4 FY25, net profit increased, driven by strategic shifts and a strong order book. The company anticipates improved financial performance in FY26, supported by recent export wins and expansion into new sectors.
RITES Ltd is focusing on increased export orders and diversifying its Quality Assurance (QA) business to boost revenue growth. Despite a slight dip in revenue in Q4 FY25, net profit increased, driven by strategic shifts and a strong order book. The company anticipates improved financial performance in FY26, supported by recent export wins and expansion into new sectors.