RITES shares gain 6% on signing MoU with Delhi Metro Gujarat Adopts Tariff for Solar Projects Bihar's Railway Goes Solar, 10 MW Projects GPCL Issues Consultancy for Storage ProjectRITES Ltd. and Delhi Metro Rail Corporation Ltd. (DMRC) have signed a Memorandum of Understanding (MoU) to collaborate on operations and management projects of Metro Railway Systems, including Rolling Stock, Depot Management, Station Management, and Railway infrastructure maintenance, both domestically and internationally. The MoU aims to expedite the process of consulting...
more... assignments for the management and operations of Metro/LRT/Mass Rapid Transit Systems. Meanwhile, RITES and Eastern Railway's Andal Diesel Shed have inked a separate MoU to establish a framework for cooperation on major schedule repair and maintenance of diesel-electric locomotives. This partnership aims to expedite the maintenance process. RITES's consolidated net profit for the January-March quarter declined by 1.6% to Rs 13.66 billion due to lower revenues. The company's overall income also decreased from Rs 7.05 billion to Rs 6.67 billion during the same period. The board suggested a final dividend of Rs 5 per equity share.
RITES Ltd. aur Delhi Metro Rail Corporation Ltd. (DMRC) ne Metro Railway Systems ke operations aur management projects pe kaam karne ke liye ek Memorandum of Understanding (MoU) sign kiya hai. Isme Rolling Stock, Depot Management, Station Management, aur Railway infrastructure maintenance, domestic aur international dono jagah pe shamil hai. MoU...
more... ka maqsad Metro/LRT/Mass Rapid Transit Systems ke management aur operations ke liye consulting assignments ke process ko jaldi karne ka hai. Iske sath hi, RITES aur Eastern Railway ke Andal Diesel Shed ne diesel-electric locomotives ke major schedule repair aur maintenance pe kaam karne ke liye ek alag MoU sign kiya hai. Is partnership ka maqsad maintenance process ko jaldi karne ka hai. RITES ka January-March quarter ka consolidated net profit 1.6% kam hoke Rs 13.66 billion hua, yeh kam revenue ki wajah se hua. Company ki overall income bhi issi period mein Rs 7.05 billion se kam hoke Rs 6.67 billion ho gayi. Board ne equity share pe Rs 5 ka final dividend suggest kiya hai.