RITES is a Miniratna (Category – I) Schedule 'A' Public Sector Enterprise and a leading player in the transport consultancy and engineering sector in India, having diversified services and geographical reach. As of 31 March 2021, the Government of India held 72.2% stake in the company.
On a consolidated basis, RITES posted a 1.65% decline in net profit to Rs 141.55 crore on 11.4% rise in revenue from operations to Rs 635.87 crore in Q4 FY21 over Q4 FY20.
