RITES Announces ₹2 Per Share Interim Dividend After Robust Q2 Earnings

RITES Limited, the leading Transport Infrastructure Consultancy and Engineering firm and a Navratna Public Sector Enterprise, today announced its robust standalone and consolidated financial results for the quarter ended 30th September 2025 (Q2FY26).

The company not only delivered strong financial growth but also rewarded shareholders by declaring a significant second interim dividend.

The company reported consolidated Total Revenue of ₹579 crore in Q2FY26, accompanied by a Profit After Tax (PAT) of ₹109 crore. This PAT figure represents a notable 32.2% increase year-on-year.

Shareholder Bonanza: A Generous Interim Dividend

In a move set to engage investors, the Board of Directors of RITES Ltd. has declared the second interim dividend of ₹2 per share.

This dividend commitment is particularly striking as it corresponds to an impressive Payout Ratio of 94%. The total dividend payout amounts to ₹96 crore.

For the purpose of payment, the company has set the record date for this second interim dividend as November 15, 2025.

This declaration underscores the company’s commitment to shareholder returns amidst sustained operational performance.

RITES demonstrated steady sequential growth in performance, primarily driven by an uptick in the consultancy and export segments.

The consolidated Operating Revenue (excluding other income) stood at ₹549 crore in Q2FY26. Consolidated EBITDA reached ₹134 crore, marking a 24.7% increase, with strong margins maintained at 24.4%.

Commenting on the results, Mr. Rahul Mithal, Chairman and Managing Director of RITES Limited, stated that the “Steady growth in performance, sequentially and improvement YoY, reaffirms our commitment to achieving the targets we have set for this year”.

For the first half of the financial year (H1FY26), the company’s Total Revenue reached ₹1091 crore, an increase compared to ₹1070 crore in H1FY25. H1FY26 consolidated PAT stood at ₹200 crore, up by 15.6% compared to ₹173 crore in H1FY25.

Fueling the positive outlook is the company’s all-time high order book, which reached ₹9,090 crore as of 30th September 2025. During Q2FY26 alone, RITES secured more than 150 orders (including work extensions) valued at over ₹851 crore.

The core Consultancy business continues to be the highest revenue provider, achieving a revenue of ₹298 crore with margins of 32.9%.

Mr. Mithal emphasised the focus on execution, stating the company’s objective is “expeditious execution through ‘Operation Tattva’ — ensuring time-bound, cost-efficient and quality-conscious project deliveries”.

Ashok Mishra, Company Secretary & Compliance Officer, signed this disclosure.

The company furnished this press release pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements), Regulations, 2015.

Disclaimer: The information provided is for educational purposes only and does not constitute financial advice. We are not registered financial advisors. Please conduct your own research and consult a qualified advisor before making investment decisions. Any investment decisions you make based on this information are solely at your own risk.

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