Construction & Engineering company RITES announced Q4FY23 & FY23 results: Standalone Q4FY23: Revenue down from Rs 765 crore to Rs 690 crore PAT up 6.5% at Rs 138 crore against Rs 130 crore in Q4FY22 EBITDA Rs 170 crore with a Margin of 25.9% Standalone FY23: Total Revenue stands at Rs 2,639 crore against Rs 2661 crore in FY22 EBITDA at Rs 655 crore, Margins at 26% Profit After Tax up from Rs 497 crore to Rs 531 crore Consolidated Q4FY23: Operating revenue, excluding other income, stands at Rs 687 crore in Q4FY23 as against Rs 766 crore in Q4FY22, dip by 10.3% Total revenue stands at Rs 706 crore as against Rs 788 crore in Q4FY22 EBITDA and PAT stand at Rs 191 crore and Rs 139 crore, respectively Consolidated FY23: Operating revenue, excluding other income, at Rs 2,628 crore in FY23 as against Rs 2,662 crore in FY22 Total revenue stands at Rs 2,730 crore as against Rs 2,745 crore in FY22 EBITDA and PAT, up by 3% and 6% respectively, stand at Rs 746 crore and Rs 571 crore against Rs 725 crore and Rs 539 crore, respectively, in FY22 EBITDA and PAT margins at 28.3% and 20.9%, respectively The Board of Directors has recommended the final dividend of Rs 6 per share amounting Rs 144 crore for FY23 which is 60% of the paid-up capital. Commenting on the results, Rahul Mithal, Chairman and Managing Director, RITES, said, “Highest-ever Consultancy Revenue in FY23 underscored the fact that Consultancy business is our core strength which we will continue to leverage aggressively, tapping the immense opportunities.” Result PDF