RITES Limited has submitted to the Exchange that Board of Directors of the Company at its meeting held today i.e. August 06, 2025 has considered and approved the Unaudited Standalone and Consolidated Financial Results of the Company for the quarter ended June 30, 2025 and also declared the 1st(First) Interim Dividend of Rs. 1.30/- per share (i.e. 13%) for the financial year 2025-26.
RITES · price
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RITES Limited's board approved unaudited standalone and consolidated financial results for Q1 FY26 (quarter ended June 30, 2025). Standalone revenue from operations rose marginally to ₹455.73 crore from ₹453.78 crore YoY, while standalone profit after tax grew to ₹66.65 crore from ₹64.86 crore. Consolidated revenue stood at ₹489.74 crore with PAT of ₹90.89 crore. The board declared a first interim dividend of ₹1.30 per share (13%) for FY26, with record date set as August 12, 2025. Additionally, M/s Agarwal S. & Associates was appointed as Secretarial Auditor for a five-year term (FY26 to FY30), subject to shareholder approval. The statutory auditor issued an unmodified review report with an Emphasis of Matter note regarding the ongoing liquidation of IRSDC and dissolution of MMG-Metro Management Group.
The numbers are largely flat year-on-year, suggesting stable but not accelerating growth — investors should note the muted top-line performance despite the dividend declaration. The emphasis of matter on IRSDC's liquidation is a minor disclosure flag but the company states no impairment is needed. The dividend declaration is positive for income-seeking shareholders in the near term.