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The ritual is in Bangladesh, Mozambique, and South Africa execute high -value export orders. The highest expected 20 %

Arun Jain, 30/01/2025

2025-01-30 20:13:00 :

Rites LTD, a state -owned railway engineering and consulting company, will resume the next financial annual to Bangladesh, Mozambique, and South Africa’s high -value rolling stock exports in CMD Rahul Mithal in an interview.

Overseas ritual business will also see it expand its area of ​​consulting opportunities in Latin America, Africa, Africa, Southeast Asia, and West Asia. At the same time, it exceeds the inspection business of neighboring countries such as Sri Lanka to involve various infrastructure projects Products and processes.

“After four years of vacation, we now see the high -value export return ceremony of rolling stocks. In the last quarter of the last fiscal year, we have been intending an export order. In the case of business orders, to ensure this operating cost. “Mithal said.

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He said that the company will start in the second half of next year, starting in the second half of next year, and starting from the second half of next year next year, the company will get income from rolling stock exports.

The chairman and managing director said: “Under the premise that the railway operators in South Africa have been approved by design approval, diesel engine and locomotive may also start to obtain and generate income from the next finance.”

The ceremony has been picked up BleakBangladesh’s 9 billion orders provided 200 kinds of railway coaches with different designs. BleakProvide 3 billion diesel locomotives to Mozambique, and provide two orders Bleak900 million rupees, provided for 15-20 years of life to South Africa, provided for cloak and dirty diesel engine locomotives.

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South Africa orders will test the use of these diesel engines on the CAPE GAUGE network. Therefore, the ceremony of the ceremony will run from other African countries and even Indonesia.

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“Mithal said:” Our export orders will start from the next finance. We hope that in the case of other orders, we will see at least 20 % of our tools in the bottom line of fiscal year in 26. “

The ceremony is the export department of the Indian railway. Bleak576 million in Q3FY25 Bleak683 million rupees and 15.7 % DIP in Q3FY24. The total revenue of this quarter has also dropped to Bleak614 million Bleak7 billion in Q3FY24. Therefore, the ceremony also saw its revenue and net profit decline in the nine months as of the nine months of December 31.

“Make sure that more than 110 orders exceed more than BleakIn the only one -fix (third quarter) of 1,900 million (third quarter), it is almost equal to the order received throughout the 24th fiscal year, emphasizing our active marching strategy, using our multi -departmental forces, and maintaining it and maintaining it. Our USP is the USP of “1 order per day”, Mittal said.

Rites is still considering expanding its inspection business, and the business has now been removed from the exclusive folding of the railway. The company has made an order in Sri Lanka and hopes to get more orders in this business, including domestic and foreign customers.

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“We now focus on improving the implementation of hand orders. If the current Ministry of Finance, this should prevent the slides on top and bottom lines, and bring us positive growth in the coming year,” Mithal said.

Capture all commercial news, company news, break the news incident, and update the latest news about Live Mint. Download mint news applications to obtain daily market updates.

The list of commercial news agencies lists high -value export orders in Bangladesh, Mozambique, and South Africa;

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