Passez à l'illimité avec Magzter GOLD
Obtenez un accès illimité à plus de 9 000 magazines, journaux et articles Premium pour seulement
RITES steps up execution as order book tops ₹9K cr
Financial Express Delhi
|November 22, 2025
INDIAN RAILWAYS' ENGINEERING and consulting arm RITES, which saw its order book breach the ₹9,000-crore mark in Q2FY26, is targeting to step up execution of the projects in a bid to boost its topline.
The company has built a strong order book over the past 18 months but the revenue has remain subdued in last two years. In fact, the operating revenue in FY25 saw a 3.2% decline over the previous year.
Rahul Mithal, CMD, RITES told FE that the company is now working on reducing timelines for its projects which will reflect in strong revenue growth in the coming quarters. “We have a large order book which is growing substantially in every quarter. We need to translate it into revenues because in the last two years, the topline hasn’t grown that substantially,’ he said.
Cette histoire est tirée de l'édition November 22, 2025 de Financial Express Delhi.
Abonnez-vous à Magzter GOLD pour accéder à des milliers d'histoires premium sélectionnées et à plus de 9 000 magazines et journaux.
Déjà abonné ? Se connecter
PLUS D'HISTOIRES DE Financial Express Delhi
Financial Express Delhi
Homebound in Oscars shortlist for best international feature
NEERAJ GHAYWAN'S HOME-BOUND is among the 15 films shortlisted in the best international feature category at the Oscars, moving a step close to the final five nominations and maybe a win.
1 min
December 18, 2025
Financial Express Delhi
Bondi shooter came to Hyderabad for nikah in 2001, with son later
BONDI BEACH SHOOTER Sajid Akram brought his European-origin wife to Hyderabad in 2001 for a nikah ceremony, and his son Naveed Akram — a co-accused in the terror attack — around 2004-05 to introduce him to his parents, based on conversations, it has been learnt with investigators who have questioned close relatives.
1 mins
December 18, 2025
Financial Express Delhi
OpenAI in talks to raise $10 billion from Amazon
INITIAL TALKS
1 min
December 18, 2025
Financial Express Delhi
Oracle at the centre of AI-fuelled rent spree
CLOUD-COMPUTING COMPANIES including Oracle, Microsoft and Meta Platforms have committed to spend a combined $500
1 min
December 18, 2025
Financial Express Delhi
States’ fiscal deficit rises to 3.2% in FY25: Icra
THE COMBINED FISCAL deficit of 19 large states, excluding northeast states and Goa, has increased to 3.2% of gross state domestic product (GSDP) in FY25 provisional actuals (PA) from 2.8% in FY22 due to dual pressures of higher revenue deficits and elevated capital spending, a report by ICRA on state government finances revealed.
1 min
December 18, 2025
Financial Express Delhi
EVs get policy push, hybrids lose
Deepens auto industry split; Tata Motors, M&M gain edge
2 mins
December 18, 2025
Financial Express Delhi
Entrepreneurship & innovation: Shaping KBS’s global vision
Entrepreneurship and innovation play a pivotal role in advancing the strategic vision of KBS, particularly in its aspiration to position itself as a dynamic, industry-relevant, and globally responsive institution.
1 min
December 18, 2025
Financial Express Delhi
RBI guv signals rates to stay low
RESERVE BANK OF INDIA (RBI) Governor Sanjay Malhotra expects the country's interest rates to remain low for a \"long period\", he told the Financial Times in an interview published on Wednesday.
1 min
December 18, 2025
Financial Express Delhi
Debt reduction key focus: FM
IT COULD COME in handy for the government which is facing a potential tax revenue shortfall compared with the Budget Estimate, and a possible dip in tax buoyancy in the near term, on account of massive the reliefs offered to taxpayers in terms of income tax and GST reductions.
2 mins
December 18, 2025
Financial Express Delhi
Speciale Invest set to raise ₹1,400-cr fund
Bengaluru- based VC firm prepares fund to Back deep-tech firms
1 min
December 18, 2025
Listen
Translate
Change font size