RITES Limited has informed the Exchange that Record date for the purpose of DI is 12-Aug-2025.
RITES · price
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RITES Limited announced its unaudited financial results for Q1 FY26 (quarter ended June 30, 2025). On a standalone basis, revenue from operations stood at ₹455.73 crore (vs ₹453.78 crore in Q1 FY25), with profit after tax of ₹66.65 crore (vs ₹64.86 crore) and EPS of ₹1.39. On a consolidated basis, revenue was ₹489.74 crore and PAT was ₹90.89 crore, with EPS of ₹1.67. The Board declared a 1st interim dividend of ₹1.30 per share (13% of paid-up capital) for FY 2025-26, with the record date set for August 12, 2025. Additionally, M/s Agarwal S. & Associates was appointed as Secretarial Auditor for five years (FY 2025-26 to 2029-30), subject to shareholder approval. The auditor's limited review included Emphasis of Matter notes regarding the liquidation of IRSDC and the ongoing voluntary dissolution of MMG-Metro Management Group Ltd.
Results show flat-to-modest growth with stable margins, supported by a healthy dividend yield for shareholders. The Emphasis of Matter on IRSDC and MMG dissolution flags exposure to underperforming joint ventures, though management sees no current impairment. Overall, this is a routine quarterly update with no major negative surprises.