RITES Limited announced a strong performance for the second quarter ended September 30, 2025. The company reported a 32.2% YoY increase in profit after tax (PAT) and a 20.0% QoQ rise. Revenue growth was driven primarily by consultancy services, and the company secured new orders worth over ₹850 crore during the year. The board recommended an interim dividend of ₹2 per share.
Financial Performance
RITES Limited showcased robust financial results for Q2 FY26:
- Revenue: Consolidated revenue increased by 1.5% to ₹549 Crore compared to ₹541 Crore in Q2 FY25.
- Profit After Tax (PAT): PAT surged by 32.2% YoY and 20.0% QoQ.
- EBITDA: Up by 27.6% YoY.
- PBT: Increased by 31.5% YoY.
The company’s performance in the first half of the fiscal year (H1 FY26) also reflects positive momentum:
- Revenue: Consolidated revenue reached ₹1038 Crore.
- PAT: Showed significant growth, driven by execution in the consultancy segment.
Segmental Performance
The consultancy segment was a key driver of revenue growth. The company’s segmental performance is as follows:
- Consultancy: Revenue increased by 9.5%.
- Lease: Experienced a growth of 21.7%.
- Export: Recorded a substantial increase of 2523.4%.
Order Book and Future Outlook
RITES Limited’s order book remains strong, providing revenue visibility for future quarters:
- Highest ever order book at ₹9090 crore.
- Secured new orders worth over ₹850+ crore.
The company is also expanding its business through collaborations, including a business collaboration with NICC, Abu Dhabi, to tap into mining and renewable potential.
REMC Ltd Performance
- Both segments saw an increase in revenue during the quarter.
Source: BSE
