IDBI Capital: RITES - Covid-19 Impacted Q2, Execution To Improve In H2

RITES’ Q2 FY21 profit after tax came in at Rs 1.3 billion on the back of revenue that fell 41% year-on-year due to lack of exports

IDBI Capital

12 Nov 2020, 04:45 PM IST

A worker installs grab handles inside a passenger car in Andhra Pradesh. (Photographer: Udit Kulshrestha/Bloomberg)

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IDBI Capital: RITES - Covid-19 Impacted Q2, Execution To Improve In H2

RITES’ Q2 FY21 profit after tax came in at Rs 1.3 billion on the back of revenue that fell 41% year-on-year due to lack of exports

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