RITES Limited has announced its standalone and consolidated financial results for the quarter and year ended March 31, 2026. The company reported a consolidated net profit of ₹454.44 crore for the financial year 2025-26, an increase of 7.3% from ₹423.66 crore in the previous year. On a standalone basis, the net profit for the year rose by 5.4% to ₹400.66 crore from ₹380.22 crore in FY25.

Financial Performance

The consolidated revenue from operations for FY26 reached ₹2,415.08 crore, up 10.0% from ₹2,196.35 crore in the corresponding period last year. Standalone revenue from operations for the full year was recorded at ₹2,275.74 crore, compared to ₹2,074.21 crore in the previous year. The Profit Before Tax for the consolidated entity stood at ₹607.77 crore for the full year, compared to ₹565.02 crore in the prior year.

The following table summarises the full-year financial performance on both a consolidated and standalone basis:

Q4 Performance

For the quarter ended March 31, 2026, RITES reported consolidated net profit of ₹139.35 crore compared to ₹141.33 crore in the same quarter of the previous year. Quarterly revenue rose to ₹768.26 crore from ₹602.29 crore year-on-year, reflecting strong top-line growth. EBITDA for the quarter came in at ₹172 crore versus ₹189 crore in the year-ago period, with the EBITDA margin contracting to 22.4% from 31.4% year-on-year.

Dividend Declaration

The Board of Directors has recommended a final dividend of ₹2.75 per share, equivalent to 27.50%, on equity shares of ₹10 each for the financial year 2025-26. This dividend is subject to the approval of shareholders at the ensuing Annual General Meeting. The company has already paid three interim dividends aggregating ₹5.20 per share during the financial year. The total dividend payout for FY26 stands at 95.4%.

Segment Performance

In terms of segment revenue for the year ended March 31, 2026, Consultancy - Domestic contributed ₹1,242.01 crore, while Turnkey Construction Projects contributed ₹602.40 crore on a consolidated basis. Exports saw significant growth, with revenue jumping to ₹316 crore in FY26 from ₹11 crore in the previous year, driven by the completion of the supply of 10 locomotives to Mozambique.

The statutory auditors, M/s S.R. Goyal & Co., Chartered Accountants, have issued an unmodified opinion on the audited standalone and consolidated financial results. The results were reviewed and recommended by the Audit Committee and approved by the Board in its meeting held on May 19, 2026.

RITES has announced an update to its export goals, with management setting a target of 20% growth in revenue by FY27. This strategic update underscores the company's intent to expand its footprint in international markets and scale up its export-driven business operations.

Export Revenue Growth Target

The management's revised export outlook highlights a clear ambition to accelerate international business activity. The targeted 20% revenue growth by FY27 represents a defined milestone that the company is working towards as part of its broader strategic planning.

Strategic Outlook

The update from RITES management reflects a forward-looking approach to growing its export segment. By setting a specific growth benchmark for FY27, the company has provided stakeholders with a measurable objective tied to its international operations. The export growth target is expected to serve as a key performance indicator for the company's global business strategy going forward.