RITES Limited Annual Financial Results and Dividend Declaration for FY 2025-26

RITES Limited has announced its audited financial results for the quarter and year ended March 31, 2026. The Board of Directors recommended a final dividend of ₹2.75 per share for the financial year 2025-26, representing a 27.50% payout. The company achieved a strong annual standalone revenue of ₹2,275.74 crore and a net profit of ₹400.66 crore, reflecting continued growth across its core consultancy and infrastructure segments.

Financial Performance Highlights

For the fiscal year ended March 31, 2026, RITES Limited reported standalone revenue from operations of ₹2,275.74 crore, compared to ₹2,074.21 crore in the previous year. The standalone net profit after tax reached ₹400.66 crore, an increase from ₹380.22 crore in the previous financial year. On a consolidated basis, the company delivered a robust performance, reporting annual revenue of ₹2,415.08 crore and a consolidated net profit attributable to equity shareholders of ₹410.27 crore.

Dividend Recommendation

The Board of Directors has recommended a final dividend of ₹2.75 per share (face value of ₹10 each) for the 2025-26 financial year. This is subject to approval by shareholders at the company’s upcoming 52nd Annual General Meeting. Notably, the company has already paid three interim dividends totaling ₹5.20 per share during the same period, demonstrating a consistent commitment to delivering value to its shareholders.

Segment-Wise Performance

The company’s diverse service portfolio continued to drive growth. The Consultancy – Domestic segment remained a primary revenue driver, contributing ₹1,117.81 crore to the annual standalone revenue. The Turnkey Construction Projects segment also saw significant activity, accounting for ₹602.40 crore. Furthermore, the Export Sale segment witnessed substantial growth, reaching ₹316.25 crore compared to ₹10.85 crore in the previous year, highlighting the company’s expanding global and domestic footprint.

Strategic Updates and Outlook

Management provided updates on its ongoing projects, noting that the investment in the Indian Railway Stations Development Corporation (IRSDC) is currently undergoing voluntary liquidation, with no impairment perceived in the company’s stake. Additionally, the company is actively monitoring the finalization of rules related to the New Labour Codes to ensure continued operational efficiency and financial compliance. The leadership remains focused on leveraging its core competencies to sustain growth in the coming fiscal cycles.

Source: BSE

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