RITES Limited has informed the Exchange that Board of Directors at its meeting held on May 19, 2026, recommended Final Dividend of Rs. 2.75 per equity share.
RITES · price
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RITES Limited's Board approved audited FY2025-26 standalone results with Total Income of Rs. 2,222.06 crore (down 8.4% YoY) and PAT of Rs. 380.22 crore (down 5.1% YoY). Consolidated PAT was Rs. 423.66 crore. The Board recommended a final dividend of Rs. 2.75 per share (27.5% on Rs. 10 face value), taking total dividend for FY2025-26 to Rs. 7.95 per share (including Rs. 5.20 from three interim dividends already paid). EPS for standalone came in at Rs. 7.91 versus Rs. 8.34 in previous year. The results were subject to supplementary audit by CAG and auditors gave unmodified opinion.
The company maintained dividend payout despite lower profits, which is positive for income-focused investors. However, the decline in revenue and profit may create some near-term pressure on stock sentiment given the earnings softness.