RITES Historical Income Statement

RITES Stock   295.20  2.30  0.79%   
Historical analysis of RITES income statement accounts such as Total Revenue of 19.3 B, Gross Profit of 11.1 B, Other Operating Expenses of 13.9 B or Operating Income of 5.4 B can show how well RITES Limited performed in making a profits. Evaluating RITES income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of RITES's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining RITES Limited latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether RITES Limited is a good buy for the upcoming year.
  
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in RITES Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

About RITES Income Statement Analysis

RITES Limited Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to RITES shareholders. The income statement also shows RITES investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

RITES Income Statement Chart

At this time, RITES's Interest Expense is very stable compared to the past year. As of the 5th of January 2025, Gross Profit is likely to grow to about 11.1 B, while Depreciation And Amortization is likely to drop about 463.5 M.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of RITES Limited minus its cost of goods sold. It is profit before RITES operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in RITES Limited financial statement analysis. It represents the amount of money remaining after all of RITES Limited operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Most accounts from RITES's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into RITES Limited current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in RITES Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
At this time, RITES's Interest Expense is very stable compared to the past year. As of the 5th of January 2025, Gross Profit is likely to grow to about 11.1 B, while Depreciation And Amortization is likely to drop about 463.5 M.
 2022 2023 2024 2025 (projected)
Interest Expense70.4M47.1M54.2M58.9M
Depreciation And Amortization666.9M606.6M697.6M463.5M

RITES income statement Correlations

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0.490.430.350.440.590.430.430.58-0.470.580.260.340.54-0.380.520.550.770.460.240.27-0.050.260.080.18
0.740.430.630.810.470.80.820.650.040.670.8-0.160.74-0.610.750.550.740.81-0.20.38-0.50.130.590.74
0.870.350.630.890.750.90.830.76-0.230.790.710.240.79-0.790.790.660.670.81-0.480.44-0.75-0.040.270.87
0.940.440.810.890.791.00.970.89-0.270.910.840.140.95-0.760.950.80.820.96-0.290.52-0.620.170.410.89
0.750.590.470.750.790.80.690.93-0.480.930.50.610.87-0.620.880.830.810.820.090.54-0.310.320.050.59
0.930.430.80.91.00.80.940.9-0.240.910.820.180.94-0.750.950.780.810.97-0.280.54-0.610.190.370.89
0.940.430.820.830.970.690.940.83-0.340.860.840.00.91-0.780.90.790.810.89-0.320.43-0.630.090.490.86
0.820.580.650.760.890.930.90.83-0.471.00.660.410.98-0.570.980.940.830.940.020.68-0.320.450.220.66
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0.850.580.670.790.910.930.910.861.0-0.480.680.380.99-0.60.990.930.840.95-0.010.65-0.370.410.240.7
0.780.260.80.710.840.50.820.840.66-0.130.68-0.350.75-0.730.750.60.660.81-0.550.46-0.76-0.030.680.87
0.120.34-0.160.240.140.610.180.00.41-0.280.38-0.350.270.00.290.30.240.20.540.180.320.38-0.59-0.09
0.870.540.740.790.950.870.940.910.98-0.430.990.750.27-0.610.990.930.840.97-0.070.66-0.410.40.330.74
-0.83-0.38-0.61-0.79-0.76-0.62-0.75-0.78-0.570.24-0.6-0.730.0-0.61-0.62-0.44-0.77-0.640.45-0.030.820.39-0.37-0.83
0.880.520.750.790.950.880.950.90.98-0.40.990.750.290.99-0.620.890.840.98-0.070.62-0.420.370.310.76
0.720.550.550.660.80.830.780.790.94-0.530.930.60.30.93-0.440.890.720.830.040.77-0.220.550.260.52
0.820.770.740.670.820.810.810.810.83-0.410.840.660.240.84-0.770.840.720.820.040.32-0.410.170.250.63
0.850.460.810.810.960.820.970.890.94-0.240.950.810.20.97-0.640.980.830.82-0.160.65-0.470.350.370.81
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0.290.270.380.440.520.540.540.430.68-0.10.650.460.180.66-0.030.620.770.320.65-0.01-0.010.750.230.27
-0.7-0.05-0.5-0.75-0.62-0.31-0.61-0.63-0.320.06-0.37-0.760.32-0.410.82-0.42-0.22-0.41-0.470.85-0.010.58-0.51-0.87
-0.060.260.13-0.040.170.320.190.090.45-0.090.41-0.030.380.40.390.370.550.170.350.580.750.58-0.2-0.23
0.410.080.590.270.410.050.370.490.22-0.020.240.68-0.590.33-0.370.310.260.250.37-0.460.23-0.51-0.20.53
0.90.180.740.870.890.590.890.860.66-0.130.70.87-0.090.74-0.830.760.520.630.81-0.60.27-0.87-0.230.53
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RITES Account Relationship Matchups

RITES income statement Accounts

202020212022202320242025 (projected)
Depreciation And Amortization518.7M656.1M666.9M606.6M697.6M463.5M
Interest Expense46.7M46.3M70.4M47.1M54.2M58.9M
Selling General Administrative108.3M92.8M110M114.9M132.1M104.7M
Selling And Marketing Expenses83.4M237.6M278M160.2M184.2M118.7M
Total Revenue18.6B26.3B26.3B24.4B28.1B19.3B
Gross Profit11.1B14.0B14.6B8.1B9.4B11.1B
Other Operating Expenses13.6B19.7B19.5B17.1B19.6B13.9B
Operating Income5.0B6.6B6.8B7.5B8.6B5.4B
Ebit6.0B7.4B7.8B5.8B6.7B6.4B
Ebitda6.5B8.0B8.4B6.4B7.4B6.9B
Cost Of Revenue7.5B12.3B11.7B16.3B18.7B19.7B
Total Operating Expenses6.1B7.4B7.8B757.8M871.5M827.9M
Income Before Tax5.9B7.4B7.7B6.7B7.7B6.5B
Total Other Income Expense Net(321.4M)(1.1B)(1.0B)(768.4M)(691.6M)(657.0M)
Net Income4.3B5.2B5.4B4.6B5.2B4.4B
Income Tax Expense1.5B2.0B2.0B1.8B2.0B1.9B
Net Income From Continuing Ops4.4B5.4B5.7B5.0B5.7B4.9B
Net Income Applicable To Common Shares6.2B4.3B5.2B5.4B6.2B4.8B
Minority Interest881.6M(222.1M)(289.3M)(398M)(358.2M)(340.3M)
Tax Provision1.5B2.0B2.0B1.8B2.0B2.1B
Net Interest Income775.5M(72.5M)(70.4M)(47.1M)(42.4M)(40.3M)
Interest Income1.8B49.4M65.3M60.7M54.6M51.9M
Reconciled Depreciation518.7M656.1M666.9M606.6M697.6M576.4M

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Other Information on Investing in RITES Stock

RITES Limited Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to RITES shareholders. The income statement also shows RITES investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).