51st AGM: RITES approves Final Dividend of Rs 2.65/share

Gurugram, September 23, 2025: RITES Limited, the leading Transport Infrastructure Consultancy and Engineering firm, today conducted its 51st Annual General Meeting (AGM) through video-conferencing and Other Audio Video Means (OAVM).

During the AGM, the shareholders approved all resolutions, including the adoption of Audited Financial Statements of the company, and the declaration of Rs 2.65/share as a final dividend for FY2024-25. This is in addition to the three interim dividends totalling Rs 4.90 per share that have already been paid during the year. The total dividend of Rs 363 crore (Rs 7.55 per share) attributable to the financial year takes RITES’ dividend payout ratio to 95.4% of the earnings. The record date for the final dividend payout is September 17, 2025.

In FY25, RITES achieved consolidated revenue of Rs 2,324 crore, compared to Rs 2,539 crore in FY24. Operating revenue, excluding other income, stood at Rs 2,218 crore, down from Rs 2,453 crore in FY24. Despite headwinds, RITES remained resilient, reporting Profit After Tax of Rs 424 crore in FY25, compared to Rs 495 crore in FY24. 

Join PSU Connect on WhatsApp now for quick updates! Whatsapp Channel

While the consultancy business continued to be the largest contributor with revenue of Rs 1,133 crore, the turnkey and leasing segments recorded revenue of Rs 797 crore and Rs 150 crore, respectively.

While addressing the shareholders, Mr. Rahul Mithal, Chairman & Managing Director (CMD), RITES Ltd., said, “FY2025 was not just a year of challenges—it was the year we reset, rebuilt, and reaffirmed our place in a rapidly evolving infrastructure world. Our journey ahead is about more than providing solutions—it’s about asking the questions that lead to lasting impact. Because we don’t just shape infrastructure— We Shape What Shapes Lives.