RITES Q4 net profit marginally falls to Rs 137 crore

RITES Ltd, a state-owned enterprise, announced a slight decrease of 1.59% in its consolidated net profit for the quarter ending March. The profit stood at Rs 136.67 crore, compared to Rs 138.89 crore in the corresponding period last year, as per the company's exchange filing. The decline in profit was attributed to a reduction in total income.