RITES Reports Strong Q2 Performance with 19% Profit Growth, Declares ₹2 Dividend

1 min read     Updated on 11 Nov 2025, 01:58 PM
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Reviewed by
Radhika SahaniScanX News Team
Overview

RITES Limited announced Q2 FY26 results with revenue from operations at ₹514.00 crore, up from ₹510.39 crore in Q2 FY25. Net profit rose 18.9% to ₹102.22 crore. EBITDA increased 25.2% to ₹100.00 crore, with margin improving to 19.46%. The company declared a second interim dividend of ₹2 per share. Segment-wise, domestic consultancy contributed the highest revenue at ₹283.60 crore. Chairman Rahul Mithal attributed the results to strong operational performance and improved profitability.

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*this image is generated using AI for illustrative purposes only.

RITES Limited , a leading transport infrastructure consultancy and engineering company, has announced its financial results for the second quarter of the fiscal year 2025-26, showcasing robust growth and improved profitability.

Financial Highlights

  • Revenue from Operations: ₹514.00 crore in Q2 FY26, up from ₹510.39 crore in Q2 FY25
  • Net Profit: ₹102.22 crore, a significant increase of 18.9% from ₹85.96 crore in the same quarter last year
  • EBITDA: ₹100.00 crore, up 25.2% from ₹79.90 crore in Q2 FY25
  • EBITDA Margin: Improved to 19.46% from 15.66% year-on-year

Dividend Announcement

The Board of Directors has declared a second interim dividend of ₹2 per share (face value of ₹10 per share) for the financial year 2025-26. The record date for dividend payment is set for Saturday, November 15, 2025.

Segment Performance

RITES' diverse business segments contributed to its overall growth:

Segment Revenue (₹ crore) Profit before Interest & Tax (₹ crore)
Consultancy - Domestic 283.60 95.46
Consultancy - Abroad 13.99 2.59
Leasing - Domestic 42.84 12.78
Export Sale 60.60 6.28
Turnkey Construction Projects 112.97 1.25

Management Commentary

Rahul Mithal, Chairman & Managing Director and Chief Executive Officer of RITES Limited, stated, "Our Q2 results reflect the company's strong operational performance and improved profitability. The significant growth in EBITDA and net profit demonstrates our ability to execute projects efficiently while maintaining a focus on margins."

Future Outlook

While RITES has not provided specific forward-looking statements, the company's diverse order book and improved operational efficiency suggest a positive outlook for the coming quarters. The management's focus on high-margin consultancy services and strategic project selection may contribute to sustainable growth.

Note: All financial figures are based on standalone results unless otherwise specified.

Historical Stock Returns for RITES

1 Day5 Days1 Month6 Months1 Year5 Years
-0.31%+1.40%-1.53%+6.51%-7.91%+100.18%

RITES Partners with Indian Navy for Naval Infrastructure Consultancy

1 min read     Updated on 06 Nov 2025, 05:51 PM
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Reviewed by
Ashish ThakurScanX News Team
Overview

RITES Limited has signed an MoU with the Director General of Naval Projects in Mumbai to provide comprehensive consultancy services for naval infrastructure projects. The partnership, established on November 6, 2025, covers technical studies, design services, project planning, execution, quality assurance, and additional support. This collaboration aims to enhance the efficiency of naval infrastructure project planning and execution in the Mumbai region, leveraging RITES' extensive experience in transport and engineering consultancy.

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*this image is generated using AI for illustrative purposes only.

RITES Limited , a leading transport infrastructure consultancy and engineering firm, has entered into a strategic partnership with the Director General of Naval Projects (DGNP) in Mumbai. This collaboration, formalized through a Memorandum of Understanding (MoU) signed on November 6, 2025, aims to provide comprehensive consultancy services for naval infrastructure projects in the Mumbai region.

Scope of the Partnership

The MoU outlines a wide range of consultancy services that RITES will offer to DGNP-Mumbai:

Service Category Description
Technical Studies Soil investigation, feasibility studies
Design Services Structural and architectural designs
Project Planning Preparation of Detailed Project Reports (DPRs)
Project Execution Project management consultancy, bid management
Quality Assurance Third-party inspection services
Additional Support Other preparatory technical consultancy activities

This partnership is expected to enhance the efficiency of planning and execution of naval infrastructure projects under the purview of DGNP, Mumbai.

About RITES Limited

RITES Limited, a Navratna Public Sector Enterprise, brings over five decades of experience to this collaboration. Key facts about RITES include:

  • Industry Position: Leading player in transport consultancy and engineering sector in India
  • Service Diversity: Offers a wide range of services in the infrastructure domain
  • Global Reach: Has undertaken projects in over 55 countries across Asia, Africa, South America, and the Middle East

This partnership with DGNP-Mumbai further solidifies RITES' position as a trusted consultant in infrastructure development, extending its expertise to critical naval projects.

The collaboration between RITES and DGNP-Mumbai represents a significant step in enhancing India's naval infrastructure capabilities, leveraging RITES' extensive experience in transport and engineering consultancy for the benefit of the Indian Navy.

Historical Stock Returns for RITES

1 Day5 Days1 Month6 Months1 Year5 Years
-0.31%+1.40%-1.53%+6.51%-7.91%+100.18%
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