RITES Q1FY26 PAT stood Rs 91 cr, Declares Interim Dividend of Rs 1.30/share

Gurugram, August 6, 2025: RITES Ltd., the leading Transport Infrastructure Consultancy and Engineering firm, today announced its standalone and consolidated financial results for the Quarter ended on June 30th, 2025.

The Takeaways

• 7.9% YoY jump in Operational Profits on account of better execution
• Order Book of Rs 8790 crore; Secured 150+ orders worth Rs 451 crore in Q1
• Interim Dividend of Rs 1.30 per share

Q1FY26 Financials (Consolidated)       

• Operating Revenue at Rs 490 crore
• EBITDA at Rs 117 crore with Margins of 23.8%
• PAT at Rs 91 crore with Margins of 17.8%

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Commenting on the results, Mr. Rahul Mithal, Chairman and Managing Director, RITES Limited, said, “The results have been flat, underscoring the need for expeditious execution, with our Order Book being young; having secured about 300 orders totalling to Rs 3500 crore in the last 2 quarters of FY25.”

Financial Performance in Q1FY26

RITES operating revenue (consolidated), excluding other income, stands at Rs 490 crore in Q1FY26 as against Rs 486 crore in Q1FY25, a marginal increase by 0.8%. Total revenue is Rs 512 crore as against Rs 508 crore in Q1FY25. EBITDA and PAT stand at Rs 117 crore and Rs 91 crore with margins of 23.8% and 17.8%, respectively, up by 7.9% and 0.5% respectively against Q1FY25. The sustained Y-o-Y performance is attributed to enhanced execution efficiency across key consultancy projects, reflecting the operational focus and delivery capabilities, and addition to the leased locomotives.

Standalone

Operating revenue, excluding other income, stands at Rs 456 crore in Q1FY26 against Rs 454 crore in Q1FY25. Total standalone revenue is Rs 476 crore against Rs 475 crore in Q1FY26. EBITDA and PAT, with respective margins of 18.5% and 14%, stand at Rs 84 crore and Rs 67 crore up by 7.6% and 2.8%, respectively from Q1FY25.

Segmental Performance

The Consultancy business continues to provide the highest revenue to the company and achieved the revenue of Rs 262 crore with margins at 32.2%. The increase in Consultancy revenue is attributable to better execution. With the fleet of 88 locomotives, leasing revenue stands at Rs 43 crore, maintaining the margins of 38.4%. Turnkey revenue stands at Rs 148 crore, while exports have commenced in Q2FY26.

Dividend

The Board of Directors has declared the interim dividend of Rs1.30 per share amounting Rs 62.5 crore. The record date for the purpose of payment of dividend is 12th August 2025.

Order Book

The company has secured more than 150 orders (including extension of works) worth more than Rs 451 crore in Q1FY26, thereby achieving the order book of Rs 8790 crore as on June 30th, 2025.

Outlook

On the growth prospects, Mr. Mithal said, “While maintaining the trend of now more than 1 order a day, concerted efforts will be made for steady sequential growth, aiming for a substantial improvement over last year.”