RITES posts highest ever income of ₹1.2k cr in FY16
RITES Limited, a Mini Ratna Enterprise under the Railways Ministry, has achieved its highest ever total income of ₹1,294 crore in the financial year 2015-16, higher by 11% year-on-year. It also recorded the highest ever profit after tax of ₹339 crore against ₹306 crore in the year-ago period. RITES also paid its highest ever dividend in FY16, a statement claimed.