RITES also declared its first interim dividend for financial year 2025-26, which was ₹1.30 per share. Record date for the dividend payout has been fixed as August 12, 2025.
RITES also declared its first interim dividend for financial year 2025-26, which was ₹1.30 per share. Record date for the dividend payout has been fixed as August 12, 2025.
Revenue for the quarter rose marginally by 0.8% from last year to ₹489.7 crore. The company had reported a topline of ₹485.8 crore in the base quarter.
Net profit for the period also rose slightly by 0.7% year-on-year to ₹91 crore.
Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) for RITES surged 7.8% on a year-on-year basis to ₹114 crore, while margins expanded by 150 basis points from last year to 23.3%.
The company also declared its first interim dividend for financial year 2025-26, which was ₹1.30 per share. Record date for the dividend payout has been fixed as August 12, 2025.
Shares of RITES ended 0.91% lower at ₹255.50. The stock is down 14% so far in 2025.
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