Advertisement
Financial

RITES Q3 FY26 Net Profit Rises 21% to ₹115 Crore, Declares ₹1.90 Interim Dividend

PSU Connect
RITES Q3 FY26 results: Consolidated PAT rises 21% YoY to ₹115.10 Cr. Board declares ₹1.90/share interim dividend, record date 10 Feb 2026. Check segment revenue, export growth, and updates on IRSDC & MMG ventures.
RITES Q3 FY26 Net Profit Rises 21% to ₹115 Crore, Declares ₹1.90 Interim Dividend

Mumbai: RITES Limited (BSE: 541556, NSE: RITES), a leading engineering consultancy and infrastructure firm under the Ministry of Railways, reported steady financial performance for the third quarter ended 31 December 2025 (Q3 FY26). The company’s consolidated net profit rose 21% year-on-year to ₹115.10 crore, supported by growth across its consultancy and leasing segments.

The Board of Directors also declared a third interim dividend of ₹1.90 per equity share (face value ₹10) for FY 2025-26. The record date is set for 10 February 2026, and the dividend will be paid on or before 5 March 2026.

 

Financial Highlights: Q3 FY26 (Consolidated)

  • Revenue from Operations: ₹608.59 crore, up 6% YoY

  • Profit Before Tax (PBT): ₹154.05 crore, up 7% YoY

  • Profit After Tax (PAT): ₹115.10 crore, up 21% YoY

  • Earnings Per Share (EPS): ₹2.12 (Basic, not annualized)

  • Total Income: ₹634.85 crore

 

Also Read: NMDC Q3 FY26 Net Profit at ₹1,738 Crore, Declares ₹2.50 Per Share Dividend

 

Advertisement

Segmental Performance Highlights

The company's revenue growth was driven by its core consultancy business and export sales:

  • Domestic Consultancy: Revenue of ₹313.20 crore, contributing the largest share.

  • Export Sales: Significant growth to ₹62.00 crore in Q3 FY26, up from ₹0.74 crore in Q3 FY25, highlighting international project traction.

  • Turnkey Construction Projects: Revenue of ₹172.41 crore.

  • Leasing Business: Stable performance with revenue of ₹43.05 crore.

 

Key Business Updates & Strategic Developments

1. Dividend Declaration: The declaration of a ₹1.90 per share interim dividend reinforces the company's commitment to shareholder returns.

2. Update on Joint Ventures:

  • Indian Railway Stations Development Corporation (IRSDC): The voluntary liquidation process is underway. As of 31 Dec 2025, RITES' 24% share of the net worth is valued at ₹58.41 crore. Management does not foresee any impairment in this investment.

  • MMG-Metro Management Group Ltd: The voluntary dissolution process has been initiated. The company has already impaired its ₹0.60 crore investment in this entity.

3. New Labour Codes: The company has assessed and recognized the financial impact of the newly implemented Labour Codes in its Q3 results, noting the impact is not material.

 

Auditor Review

The standalone and consolidated financial results were subjected to a limited review by the statutory auditors, S.R. Goyal & Co., Chartered Accountants, who issued an unmodified review report.

 

Shareholding Pattern

The promoter (Government of India) holding remains steady at 72.20%, with public shareholding at 27.80%. No shares held by the promoter and promoter group are pledged.

 

Advertisement

 

Outlook

RITES continues to leverage its engineering expertise and government affiliation to secure projects in domestic and international markets. The focus remains on its core consultancy services, turnkey projects, and the growing export segment.

For investor queries: Company Secretary, RITES Limited | Website: www.rites.com

 

About RITES Ltd:
RITES Limited is a premier transport infrastructure consultancy and engineering company in India, specializing in railways, highways, airports, and urban transport. It provides a wide range of services from concept to commissioning, and has a significant global footprint with projects in over 55 countries.

Advertisement