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Rites wins Rs 154.65 crore work order from South Central Railway for electrification project

Rites secured a Rs 154.65 crore confirmed work order from South Central Railway for railway electrification consultancy. Total disclosed order book for last 3 quarters is Rs 71640430.04 crore, heavily influenced by large asset supply contracts. Quarterly revenue declined in Q1FY27 to Rs 565.50 crore, with OPM dipping to 21.54%. Balance sheet remains healthy with a Current Ratio of 1.67x and positive operating cash flows.

22Sept 26

RITES secures contract valued at ₹155 crore

RITES has secured a new contract valued at ₹155 crore. No additional details on contract scope, client, or duration were disclosed.

11Sept 26

RITES targets ₹10,000 crore order book with one order a day goal

RITES aims to win one order per day operationally. Target order book value set at ₹10,000 crore. Company expects strong benefits from railway capex.

04Sept 26

Rites Ltd schedules 52nd AGM for September 25, 2026

Rites Limited will hold its 52nd AGM on September 25, 2026, via video conferencing. Remote e-voting opens on September 22, 2026, and closes on September 24, 2026. The record date for voting eligibility is set as September 20, 2026. Shareholders without registered emails will receive web-links to the FY26 annual report.

28Aug 26

RITES opens new branch office in South Africa for business growth

RITES Ltd has opened a new branch office in South Africa. The move is aimed at supporting international business growth. The new office marks an expansion of RITES's presence in the African region.

27Aug 26

RITES to hold analyst and investor meeting on September 1

RITES Limited to hold analyst and investor meeting on September 1, 2026. Event organized by Elara Securities as part of Ashwamedh India Dialogue. Management to discuss publicly available information during the session.

25Aug 26

RITES Ltd schedules 52nd AGM for September 25, 2026

RITES Limited holds its 52nd AGM on September 25, 2026, via video conferencing. Remote e-voting runs from September 22 to September 24, 2026. Record date for final dividend payment is fixed as September 20, 2026. Shareholders must hold shares as on August 21, 2026, to receive the annual report.

21Aug 26

Rites extends Rahul Mithal's CMD tenure till June 2027

Ministry of Railways approved the extension of Rahul Mithal's tenure as CMD of Rites Limited. New term runs until June 30, 2027, replacing the previous expiry date of October 6, 2026. Approval was granted via letter dated August 20, 2026. Company is completing statutory formalities under SEBI LODR Regulations.

11Aug 26

RITES Limited releases Q1 FY27 earnings call transcript

RITES Limited published its Q1 FY27 post-earnings call transcript, detailing a ₹9,450 crore order book with significant export exposure. Management guided for ₹300 crore in export revenue for FY27 and committed to maintaining EBITDA margins above 20% despite rising employee costs and competitive pricing environments.

06Aug 26

RITES Reaffirms ₹10,000 Cr Order Book Target, Eyes 20%+ EBITDA Margins

RITES has reaffirmed its ₹10,000 crore order book target and aims to sustain consolidated EBITDA margins above 20% and PAT margins above 15% annually. The company expects export revenue of at least ₹300 crore for the current fiscal year, with its RITES Videsh order book at ₹2,100 crore as of June 30. Bangladesh coach deliveries are pushed to early Q2 or Q3 of the next fiscal year, while employee costs are projected to rise 8-10% in FY28 due to an impending pay revision.

06Aug 26

RITES posts 8% profit rise in Q1FY27, declares ₹1.40 dividend

RITES Limited posted an 8% increase in consolidated net profit to ₹97.78 crore for Q1FY27, with operating revenue rising 8.6% to ₹532.20 crore. The company declared a first interim dividend of ₹1.40 per share and maintained strong margins, targeting over 20% EBITDA and 15% PAT for FY27.

31Jul 26

RITES Q1 Results: Earnings call scheduled for Aug 5

RITES Limited announces a conference call on August 5, 2026, to review Q1FY27 unaudited financial results. Chairman Rahul Mithal and CFO Krishna Gopal Agarwal will lead the discussion. The filing complies with SEBI LODR Regulations 30 and 46.

21Jul 26

RITES and MECON sign MoU to jointly explore infrastructure business avenues

RITES Ltd. and MECON Ltd. have signed an MoU to collaborate on identifying and pursuing business opportunities in infrastructure and consultancy. The agreement leverages RITES' transport expertise and MECON's capabilities in metal and mining sectors across India and international markets.

18Jul 26

RITES appoints Vinod Kumar Paswan as Group General Manager

RITES has appointed Shri Vinod Kumar Paswan as Group General Manager (Civil) and Regional Head for the Eastern Region Project Office in Kolkata, effective July 17, 2026, on a deputation basis. Paswan, an IRSE officer of the 1998 batch with over 25 years of experience, previously served as Chief Engineer, Road Safety Works, Eastern Railway. Concurrently, Shri Alok Bansal has ceased to be part of the senior management following his transfer to PU Lucknow.

11Jul 26

RITES Secures Rs 79.22 Crore Consultancy Order for Patna Metro Project

RITES has won a Rs 79.22 crore domestic consultancy order from Patna Metro Rail Corporation Limited for the implementation of the Patna Metro Rail Construction Project. The order, received in a consortium, carries an execution period of 68 months and represents RITES' share excluding GST. The filing confirmed no promoter interest or related party involvement in the awarding entity.

09Jul 26

Rites fined ₹94,400 for non-compliance of board composition norms

Rites Limited was fined ₹94,400 by stock exchanges for non-compliance with Regulation 17(1) regarding board composition for the quarter ended March 31, 2026. The company's board attributed the failure to appoint a woman director to administrative delays within the Ministry of Railways, noting it has no power to appoint independent directors.

07Jul 26

RITES secures USD 35.82 Mn order for locomotive supply in South Africa

RITES has received an acceptance of its offer from Volantis Asset Finance (Pty) Ltd. for the supply and commissioning of 4000 HP Cape Gauge Diesel Electric Locomotives. The international order is valued at USD 35,820,000 and is to be executed within 20 months. The contract agreement will be signed after due diligence.

07Jul 26

Rites Ltd Independent Director tenure ends July 07, 2026

Rites Ltd announced the cessation of Dr. Dineshananda Goswami as Independent Director effective July 07, 2026, due to the completion of his tenure. His initial appointment began on July 07, 2025, and was confirmed by shareholders in September 2025. The updated Board composition includes seven members.

01Jul 26

RITES secures ₹175.41 crore PMC order from BBAU

RITES secured a ₹175.41 crore order from Babasaheb Bhimrao Ambedkar University for Project Management Consultancy services. The contract involves planning, design, and development of campus infrastructure on a Cost Plus PMC Fee basis. The work is to be executed over 30 months from the agreement date.

30Jun 26

RITES Signs MoU with CONCOR for Logistics Infrastructure Consultancy

RITES Ltd signed an MoU with CONCOR on June 29, 2026, for Project Management Consultancy services spanning feasibility studies, detailed engineering, and construction management. The collaboration covers multimodal logistics parks, inland container depots, rail-linked terminals, and allied infrastructure. RITES, a Navratna PSE with 52 years of experience, has executed projects in over 55 countries.

30Jun 26

Rites Ltd schedules investor meets with mutual funds on June 30

Rites Ltd has scheduled investor meetings with Nippon Mutual Fund, Edelweiss Mutual Fund, and Baroda BNP Paribas Mutual Fund on June 30, 2026, via video conferencing. The sessions will cover information available in the public domain. The disclosure complies with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

26Jun 26

RITES board approves JV with NICC Infrastructure Construction LLC in UAE

RITES Limited's board approved the formation of a joint venture with NICC Infrastructure Construction LLC to establish a Limited Liability Company in the UAE on June 25, 2026. The approval includes capital investment in the proposed entity. Further details will be disclosed upon execution of the Shareholders Agreement.

26Jun 26

RITES order value rises to ₹148.93 Cr from NUPPL

RITES and Neyveli Uttar Pradesh Power Limited (NUPPL) executed an amendment to the MoU to include wet-lease locomotives, enhancing the contract value to ₹148.93 Crore excluding GST for 48 months. The order involves comprehensive operation and maintenance of the NUPPL/GTPP Railway Siding.

12Jun 26

President of India holds 72.20% stake in Rites Ltd as on 31 Mar 2026

The President of India holds 72.20% of the paid-up share capital in Rites Limited through the Ministry of Railways as on 31 March 2026. This stake comprises 34,70,09,546 equity shares of ₹10 each. No encumbrance or pledge was created on these shares during the financial year ended 31 March 2026.

06Jun 26

RITES appoints Shri Atul Singh as Government Nominee Director

RITES Limited has appointed Shri Atul Singh as a part-time Government Nominee Director on its Board, effective May 29, 2026. The appointment was approved by the Board on June 05, 2026. Shri Atul Singh is a 1991 batch IRSME officer with over 30 years of experience. The company confirmed he is not debarred from holding the office of director.

28May 26

Government holds 72.20% stake in RITES as of March 31, 2026

The Government of India holds a 72.20% stake in RITES Limited, amounting to 34,70,09,546 equity shares, as of March 31, 2026. No shares were pledged during the financial year ended March 31, 2026.

28May 26

RITES Limited appoints Shri Atul Singh as Government Nominee Director

RITES Limited has appointed Shri Atul Singh as a part-time Government Nominee Director on its Board, effective from the date of allotment of DIN, following approval from the President of India via the Ministry of Railways. Shri Atul Singh, a Principal Executive Director at the Railway Board with over 30 years of experience, will serve until he holds his current post or until further orders. The company confirmed he is not debarred from holding the directorship and is completing statutory requirements.

27May 26

RITES targets record revenue in FY27 on strong order book

RITES Limited reported a record order book of INR 9,416 crore for FY26, driven by a young order profile and steady inflows. The company achieved INR 300 crore in export income and aims for record revenue in FY27, though margins may face pressure from competitive orders. Key segments like exports and consultancy showed strong growth, with the QA vertical reviving and the Bangladesh order on track.

27May 26

RITES signs MoU with Crisil for data-driven infrastructure solutions

RITES Limited and Crisil Limited signed an MoU on May 27, 2026, to deliver data-driven infrastructure solutions by combining RITES' engineering consultancy with Crisil's analytics. The partnership targets sectors including railways, airports, and energy in India and abroad, focusing on advisory support and analytical models.

21May 26

RITES FY26 PAT Rises 7.3% to ₹454 Cr

RITES Limited reported a 7.3% rise in consolidated net profit to ₹454.44 crore for FY26, with revenue increasing 10% to ₹2,415.08 crore. The Board recommended a final dividend of ₹2.75 per share, taking the total payout for the year to ₹7.95 per share.

20May 26

RITES Management Updates Export Goals, Targets 20% Revenue Growth by FY27

RITES management has updated its export goals, targeting a 20% growth in revenue by FY27. The announcement highlights the company's strategic focus on expanding its international business operations. The 20% revenue growth target by FY27 serves as a defined benchmark for RITES's export segment performance.

18May 26

RITES Limited Announces Senior Management Changes: Tiwari Transferred, Gupta Appointed as CSO and COO

RITES Limited announced two senior management changes under SEBI Regulation 30. Shri Manish Tiwari, CSO and ex-officio COO of RITES EXPOCON, was transferred to subsidiary REMCL as GGM (ES&T) effective May 14, 2026. Subsequently, Shri Rakesh Kumar Gupta, GM/Finance and a Chartered Accountant with 21 years at RITES, was appointed CSO and ex-officio COO of RITES EXPOCON effective May 18, 2026.

14May 26

RITES Limited Opens Representative Office in the Philippines for Business Development

RITES Limited has opened a Representative Office in the Philippines, operating under the name 'Rites Limited SE-Asia Rep. Ofc.', to support business development activities in Southeast Asia. The development was disclosed to stock exchanges on May 14, 2026, in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The intimation was signed by Company Secretary & Compliance Officer Nikhil Agarwal (Membership No.: A42626).

06May 26

RITES Limited Announces Senior Management Restructuring and New Vertical Creation Effective May 5, 2026

RITES Limited has announced senior management changes effective May 5, 2026, under SEBI Regulation 30. The BPA Vertical has been reconstituted as the Building Vertical, and a new AP (Airports and Ports) vertical has been created. Shri Anoop Sharma has been appointed Vertical Head of the new AP vertical, Shri Navneet Kumar has been inducted into Senior Management as Regional Head/NRPO, and Shri Pankaj Chaudhary continues as Vertical Head of the Building Vertical.

05May 26

RITES Limited: Shri Vinod Kumar Ceases as Government Nominee Director Effective May 04, 2026

RITES Limited informed stock exchanges that Shri Vinod Kumar (DIN: 03278897) ceased as Government Nominee Director effective May 04, 2026, following his relinquishment from the post of EDME (PU&W), Railway Board, upon appointment as Joint Secretary, Department of Defence. The updated seven-member board retains Shri Jayant Kumar as Government Nominee Director, alongside the Chairman & Managing Director, functional directors, and Independent Directors.

13Apr 26

RITES Limited Announces Cessation of Independent Director Shri Likha Togu Upon Tenure Completion

RITES Limited announced the cessation of Independent Director Shri Likha Togu (DIN: 09470640) effective April 15, 2026, upon completion of his one-year tenure. Originally appointed on April 15, 2025, following a Ministry of Railways order and subsequently approved by shareholders in September 2025, his departure is due to natural tenure completion. The company's Board will continue with eight directors, maintaining proper governance structure with executive directors, government nominees, and independent directors.

11Apr 26

RITES Limited announces senior management changes with new Regional Head appointment

RITES Limited announced senior management changes effective May 1, 2026, with Shri Subhra Jyoti Mandal appointed as Regional Head of East Coast Region Project Office (ECRPO), Bhubaneswar, replacing Shri Anil Prakash who will cease from senior management due to repatriation. Shri Mandal brings over 25 years of railway infrastructure experience and has worked on major projects including Dimapur–Kohima, Jiribam–Imphal, and Sevok–Rangpo new lines. The changes were disclosed under SEBI Regulation 30 requirements.

09Apr 26

RITES Secures Enhanced Railway Contract Worth ₹118.89 Crore For Utkal-D Coal Mines

RITES Limited announced a significant contract enhancement with National Aluminium Company Limited (NALCO), increasing the project value from ₹79.73 crore to ₹118.89 crore for railway siding construction at Utkal-D Coal Mines in Sankerjang, Odisha. The project involves detailed engineering and project management consultancy services executed on a cost-plus turnkey basis.

09Apr 26

RITES Limited Announces Senior Management Changes with Transfer and New Appointment

RITES Limited has announced senior management changes effective April 8, 2026, involving the transfer of Mrs. Shobhana Palli to Vertical Head/RI & Metro position and the appointment of Colonel Mahesh Narayan as Regional Head of Southern Region Project Office. Mrs. Palli brings over 31 years of experience and engineering qualifications, while Colonel Narayan contributes more than 30 years of infrastructure expertise with significant international airport project experience across 30+ countries.

06Apr 26

RITES Limited Files SEBI Compliance Certificate for Quarter Ended March 31, 2026

RITES Limited submitted its mandatory quarterly compliance certificate under SEBI Regulation 74(5) for the quarter ended March 31, 2026. Filed by Company Secretary Nikhil Agarwal on April 06, 2026, the certificate from RTA Beetal Financial confirms proper dematerialization processes, timely securities listing, and adherence to regulatory timelines for depository operations.

25Mar 26

RITES Limited Schedules Investor Meeting with Arihant Capital for March 27, 2026

RITES Limited has scheduled an investor meeting with Arihant Capital for March 27, 2026, from 1500 to 1600 hours via video conferencing. The announcement was made in compliance with SEBI regulations, with the company confirming that only publicly available information will be discussed during the one-hour session.

23Mar 26

RITES Wins ₹105.69 Crore Contract For 5-Year Maintenance Of Test Track In Jodhpur Division

RITES Limited has won a significant ₹105.69 crore maintenance contract from Research Designs and Standards Organisation (RDSO), Lucknow, for comprehensive maintenance of dedicated test track infrastructure between Gudha and Thathana Mithri stations in Jodhpur division of North Western Railway. The 60-month contract represents a government-to-government company transaction and provides RITES with stable long-term revenue while demonstrating its technical capabilities in specialized railway infrastructure maintenance.

19Mar 26

RITES Limited Announces Change in Company Secretary and Compliance Officer Position

RITES Limited announced the resignation of Company Secretary and Compliance Officer Ashok Mishra effective March 19, 2026, following his email resignation dated February 26, 2026. The Board of Directors appointed Nikhil Agarwal, currently Joint General Manager (Finance), as interim Company Secretary and Compliance Officer until a regular incumbent is found. Agarwal brings over 15 years of experience and has previously served in this role at RITES from September 2023 to February 2024.

19Mar 26

RITES Limited Appoints Prem Singh Meena as Director (Projects) with Effect from March 19, 2026

RITES Limited has appointed Shri Prem Singh Meena as Director (Projects) effective March 19, 2026, following Ministry of Railways approval and board ratification. Meena, an IRSEE officer with over 34 years of experience in railway and infrastructure projects, assumes the role until his superannuation on June 30, 2028. The appointment involves a leadership transition where Dr. Deepak Tripathi relinquishes additional charge of the Director (Projects) position while continuing as Director (Technical).

09Mar 26

RITES Receives Revised Cost Estimate of ₹729.28 Crore for Railway Electrification Project

RITES has received updated cost estimates for the railway electrification project of Mysuru-Hassan-Mangaluru including Hassan-Arsikere from South Western Railway. The revised project cost stands at ₹729.28 crore excluding GST, representing a significant increase from the original estimate of ₹461.23 crore awarded in 2021.

07Mar 26

RITES Limited Secures ₹45.19 Crore Bridge Consultancy Project from West Bengal

RITES Limited has won a significant infrastructure consultancy contract worth ₹45.19 crore from the West Bengal government for project management services of a 4-lane extra dosed bridge over river Muriganga. The 48-month project will connect Kachuberia on Sagar Island with Kakdwip, with RITES serving as Project Management Consultant and Authority Engineer for the entire lifecycle.

04Mar 26

RITES Limited Schedules Investor Meetings with Major Fund Houses from March 6-23, 2026

RITES Limited has scheduled investor meetings from March 6-23, 2026, with five major institutional investors including ICICI Prudential, HDFC MF, Arihant Capital, Moon Capital, and Prusik Investment Manager. The meetings will be conducted through both in-person and video conferencing modes, with discussions limited to publicly available information. This announcement complies with SEBI regulations and demonstrates the company's commitment to transparent investor engagement.

26Feb 26

RITES Limited Appoints Shri Vinod Kumar as Government Nominee Director

RITES Limited has appointed Shri Vinod Kumar as part-time Government Nominee Director effective February 25, 2026, following approval by the Hon'ble President of India. The new director, who holds DIN 03278897 and currently serves as Executive Director (Production Units & Workshops) at Railway Board, brings over 25 years of Indian Railways experience including previous CPSE board positions. The company has confirmed full regulatory compliance and disclosed that the appointment strengthens board governance while maintaining government representation.

24Feb 26

RITES Limited Announces Resignation of Independent Director Purnima Kerketta

RITES Limited announced the resignation of Independent Director Smt. Purnima Kerketta (DIN: 11192904) effective February 24, 2026, citing personal reasons. She will also cease her roles as Chairperson of the Nomination and Remuneration Committee and member of the Corporate Social Responsibility Committee. The company confirmed no material reasons exist beyond those stated in her resignation letter. Following her departure, RITES Limited's Board will comprise seven directors, including three independent directors, maintaining corporate governance compliance.

13Feb 26

RITES Limited Announces Senior Management Changes with New CSO Appointment

RITES Limited has implemented senior management changes effective February 13, 2026, appointing Shri Manish Tiwari as Chief Strategy Officer and Chief Operating Officer of RITES EXPOCON. Simultaneously, Shri Rajesh Naik has transitioned from his Executive Director role at RITES to Director (Projects) at Ircon International Limited. The company has completed all regulatory filings under SEBI requirements.

05Feb 26

RITES Provides Q3FY26 Conference Call Audio Recording Link Under Regulation 30

RITES Limited delivered robust Q3 financial performance with revenue increasing 4.17% to ₹6.00 billion and consolidated net profit growing 4.55% to ₹1.15 billion. EBITDA showed significant improvement, rising 20.34% to ₹1.42 billion with margin expansion to 23.36%. The company has made available the audio recording of its post-results conference call held on February 05, 2026, under regulatory compliance.

03Feb 26

RITES and SAIL Formalize MOU for Locomotive Leasing and Maintenance Services

RITES Limited has formalized a Memorandum of Understanding with Steel Authority of India Limited (SAIL) for locomotive leasing and maintenance services, marking a significant development in railway infrastructure collaboration. This strategic MOU brings together RITES' railway expertise with SAIL's industrial transportation needs, positioning RITES as a comprehensive railway solutions provider while demonstrating growing integration between railway services and heavy industry sectors.

01Feb 26

RITES Limited Announces Cessation of Government Nominee Director Shri Shailendra Singh

RITES Limited announced the cessation of Shri Shailendra Singh as Government Nominee Director effective February 01, 2026, following his superannuation from Railway Board. The board now consists of eight directors including Chairman & Managing Director Shri Rahul Mithal and continues to maintain proper corporate governance with remaining government and independent directors.

31Jan 26

RITES Limited Wins Excellence in Sustainable Engineering Award for Rail Sector at 7th Rail Analysis Innovation Summit 2026

RITES Limited received the Excellence in Sustainable Engineering for the Rail Sector award at the 7th Rail Analysis Innovation & Excellence Summit 2026 on January 30, 2026. The recognition was specifically for the company's contribution to the Udhampur-Srinagar-Baramulla Railway Link project, highlighting its commitment to sustainable engineering practices in challenging railway infrastructure development.

27Jan 26

Rites Secures $20.6 Million Contract from ICVL Mozambique for Diesel Electric Locomotives

Rites has secured a $20.6 million contract from ICVL Mozambique for diesel electric locomotives and maintenance services. The project includes a 15-month supply timeline and 24-month maintenance period, representing significant international expansion for the railway infrastructure company.

22Jan 26

RITES Limited Board Meeting Scheduled for February 4, 2026 to Consider Q3FY26 Financial Results and Interim Dividend

RITES Limited has scheduled a board meeting for February 4, 2026, to consider Q3FY26 unaudited financial results for the quarter and nine months ended December 31, 2025, and evaluate the declaration of a third interim dividend for FY2025-26. The company has closed the trading window for designated persons from January 1, 2026, in compliance with insider trading regulations, with the restriction continuing until 48 hours after the board meeting concludes.

31Dec 25

RITES shares in focus on winning $3.6 million international locomotive order

RITES Limited secured a USD 3.6 million international order from Zimbabwe for Cape Gauge Diesel Electric Locomotives with 3-month execution timeline. The stock shows mixed performance trends with significant year-to-date decline of 19.59% but recent monthly stability. The company also strengthened its African presence through strategic MoU with Botswana government for railway infrastructure development.

23Dec 25

RITES Wins $35.2M Locomotive Order from South Africa

RITES Limited has won a significant locomotive supply contract worth $35.2 million from South Africa. This contract marks a major breakthrough in RITES' international operations, boosting its export business and demonstrating its growing competitiveness in the global railway equipment market. The order is expected to contribute positively to RITES' revenue stream and strengthen its position as a reliable supplier of railway equipment and services to international markets.

19Dec 25

RITES Signs Official MoU With Botswana Government For Railway Modernisation

RITES Limited officially signed a Memorandum of Understanding with the Government of Botswana on December 19, 2025, to modernise railway and transport infrastructure. The comprehensive partnership includes rolling stock supply, workshop modernisation, capacity building, and deployment of advanced technology solutions across railways, highways, bridges, and airports.

10Dec 25

RITES Limited Announces Senior Management Change as Chief Vigilance Officer Completes Tenure

RITES Limited announced the cessation of Shri Shiv Ratan (ITS-1996) as Chief Vigilance Officer effective December 5, 2025, following completion of his scheduled deputation tenure. The company reported this change to stock exchanges on December 9, 2025, and has strengthened systems to ensure timely future compliance reporting.

18Nov 25

RITES Partners with APEDB to Boost Infrastructure Development in Andhra Pradesh

RITES Ltd. has signed an agreement with the Andhra Pradesh Economic Development Board (APEDB) to focus on infrastructure development initiatives in the state. The collaboration aims to identify and prioritize key projects, provide technical expertise, and enhance the overall infrastructure landscape of Andhra Pradesh. This partnership represents an opportunity for RITES to expand its project portfolio in the state and contribute to its economic development.

13Nov 25

RITES Secures Rs 52 Crore Bridge Construction Contract from Cochin International Airport

RITES Limited has been awarded a contract by Cochin International Airport Limited for the construction of a Regulator cum Bridge (RCB) across Chengalthodu at Chengal, Kanjoor Panchayath. The project is valued at Rs 52.00 crore, excluding GST, and will be executed on a turnkey basis over 24 months. The contract follows a cost-plus-fee model, including project management consultancy fees.

11Nov 25

RITES Reports 32.2% YoY PAT Growth in Q2FY26, Declares ₹2 Interim Dividend

RITES Limited has announced robust financial results for Q2FY26. Consolidated PAT increased by 32.2% year-on-year to ₹109.10 crore. Revenue from operations grew by 1.5% to ₹548.74 crore, driven by strong performances in consultancy and exports segments. EBITDA rose by 25.2% to ₹134.00 crore. The company secured new orders worth ₹850 crore, resulting in a record order book of ₹9,090 crore. The Board declared a second interim dividend of ₹2 per share. RITES supplied 2 locomotives to Mozambique and secured 15 major projects across various sectors during the quarter.

11Nov 25

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

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.

06Nov 25

RITES Partners with Indian Navy for Naval Infrastructure Consultancy

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.

03Nov 25

RITES Secures ₹372.68 Crore Project Management Contract from NIMHANS

RITES Limited has won a project management consultancy (PMC) contract worth ₹372.68 crore from the National Institute of Mental Health & Neuro Sciences (NIMHANS). The contract involves PMC services for constructing a new Outpatient Department building at NIMHANS Bangalore campus. The project duration is 36 months and will be executed on a turnkey basis. RITES has disclosed this information to stock exchanges in compliance with SEBI regulations.

31Oct 25

RITES Limited Inks MoU with Shipping Corporation of India for Enhanced Maritime Logistics

RITES Limited signed an MoU with Shipping Corporation of India Limited during India Maritime Week to collaborate on maritime logistics and multimodal transport solutions. The partnership aims to improve shipping operations, develop innovative supply chain models, and facilitate knowledge exchange in areas like digital cargo tracking and logistics planning. This collaboration is expected to enhance RITES' global reach, operational efficiency, and technological capabilities in managing international logistics across its projects in over 55 countries.

17Oct 25

RITES Limited Appoints Shri Jayant Kumar as Government Nominee Director

RITES Limited has appointed Shri Jayant Kumar as a part-time Government Nominee Director, effective October 17, 2025. Kumar, currently serving as EDME (MDP) at Railway Board, brings over 25 years of experience with Indian Railways. The appointment, approved by the President of India through the Ministry of Railways, aligns with regulatory requirements and is expected to strengthen RITES' alignment with government initiatives in the infrastructure sector.

03Oct 25

RITES Secures Rs. 36.22 Crore Contract from Damodar Valley Corporation for Mejia Thermal Power Station

RITES Limited has won an Annual Maintenance Contract (AMC) and Operations & Maintenance (O&M) order worth Rs. 36.22 crore from Damodar Valley Corporation. The contract is for the Mejia Thermal Power Station, covering AMC of Railway Sidings tracks, O&M of Signalling and Telecommunication, and operation of 25KV OHE isolators and associated systems. The contract duration is 730 days from the commencement of work.

30Sept 25

RITES Inks MoU with Etihad Rail to Boost Business Collaboration in UAE and Beyond

RITES Limited, India's transport infrastructure consultancy firm, signed a Memorandum of Understanding with Etihad Rail's subsidiary, National Infrastructure Construction Company (NICC) LLC, at the Global Rail Transport Infrastructure Exhibition & Conference in Abu Dhabi. The partnership aims to leverage RITES' expertise in consultancy and engineering with NICC's execution capabilities for mobility infrastructure projects in the UAE and potentially beyond. This move is part of RITES' 'RITES Videsh' initiative to strengthen its international presence.

25Sept 25

RITES Secures $18 Million International Contract from South African Logistics Company

RITES Limited has been awarded an $18 million contract by Talis Logistics, a South African company, for overhauling and commissioning Cape Gauge ALCO Diesel Electric Locomotives. The project is set to be completed within 6 to 8 months of receiving advance payment. This international contract marks RITES' expansion in the African market and showcases its expertise in locomotive overhaul. The company has confirmed no promoter group interest or related party transactions in this deal.

23Sept 25

RITES Limited Approves ₹7.55 Per Share Dividend at 51st AGM

RITES Limited held its 51st AGM on September 23, 2025, approving a total dividend of ₹7.55 per share for FY2024-25, representing a 95.40% payout ratio. The company reported consolidated revenue of ₹2,324.00 crore and PAT of ₹424.00 crore. Business segments included Consultancy (₹1,133.00 crore), Turnkey (₹797.00 crore), and Leasing (₹150.00 crore). Four new Independent Directors were appointed, and changes to the Articles of Association were approved.

19Sept 25

RITES Secures Rs 78.65 Crore Rate Contract from NTPC for Diesel Locomotive Leasing

RITES Limited has secured a rate contract from NTPC Limited for leasing diesel locomotives to NTPC power plants across India. The contract has an indicative value of Rs 78.65 crores (excluding GST) and is valid for two years from September 20, 2025, to September 19, 2027. NTPC stations can place separate purchase orders based on their specific requirements. RITES will also participate in Arihant Capital's Bharat Connect Conference on September 23, 2025, for investor engagement.

16Sept 25

RITES and 26 Other Companies Set to Trade Ex-Dividend on September 17

RITES Ltd and 26 other companies are scheduled to trade ex-dividend, with September 17 as the record date for final dividend eligibility. RITES has declared a final dividend of 26.5% (Rs 2.65 per share). Other notable dividend announcements include KRBL (350%, Rs 3.50 per share), Garware Hi-Tech Films (120%, Rs 12.00 per share), Carysil (120%, Rs 2.40 per share), and Tanfac Industries (90%, Rs 9.00 per share). Investors must purchase shares before the ex-dividend date to qualify for these dividends.

29Aug 25

RITES Secures ₹25.3 Crore Contract from NTPC for Mouda Thermal Power Plant Project

RITES Limited has won a ₹25.3 crore contract from NTPC Limited for the Mouda Super Thermal Power Project. The 24-month 'Biennial MGR Mega Contract' includes S&T maintenance, track maintenance, MGR operation, and DU handling. This project highlights RITES' expertise in infrastructure development for the power sector.

14Aug 25

RITES Limited Reports Flat Q1 Results, Maintains Positive Outlook

RITES Limited reported flat Q1 results but maintains a positive outlook. The company has an order book of INR 8,800 crore, with INR 3,500 crore added in the last two quarters. The consultancy segment grew by 7%, contributing to an 8% increase in EBITDA. Export deliveries have commenced, with two locomotives shipped to Mozambique. RITES aims to surpass last year's performance, targeting EBITDA margins around 20% and PAT margins around 15%. The company has a strong cash position with INR 800 crore cash balance and INR 2,400 crore in client funds. Future prospects include turnkey projects, growth in REMCL, potential export orders for modified locomotives, and improved quality assurance segment. As a debt-free company, RITES aims to maintain its high dividend payout ratio.

06Aug 25

RITES Targets Over One Order Per Day to Drive Growth, Reports Strong Q1 Results

RITES Limited announced Q1 financial results with consolidated revenue of ₹489.74 crore and PAT of ₹90.89 crore. The company's order book stands at ₹8,790.00 crore. Consultancy and leasing segments showed growth, with revenues of ₹262.00 crore and ₹43.00 crore respectively. RITES aims to secure more than one order per day as part of its growth strategy. The Board declared an interim dividend of ₹1.30 per share.

06Aug 25

RITES Limited Declares ₹1.30 Interim Dividend, Appoints New Secretarial Auditor

RITES Ltd announced its Q1 FY24 results, reporting standalone revenue of ₹455.73 crore and net profit of ₹66.65 crore. Consolidated revenue stood at ₹489.74 crore with net profit at ₹90.89 crore. The company declared an interim dividend of ₹1.30 per share, with the record date set for August 12. M/s Agarwal S. & Associates was appointed as Secretarial Auditor for five years, pending shareholder approval. Earnings per share were ₹1.39 (standalone) and ₹1.67 (consolidated).

01Aug 25

RITES Limited Announces Senior Management Reshuffle: New Regional Head for Eastern Region

RITES Limited announced key management changes effective August 1, 2025. Shri Rajiv Kumar Sinha, GM Civil and Regional Head of ERPO, Kolkata, retired on July 31, 2025. Shri Alok Bansal, GM (Civil), has been appointed as the new Regional Head-ERPO, Kolkata. Bansal brings over 22 years of experience and holds a postgraduate degree in Civil Engineering from the Indian Institute of Science, Bangalore. He joined RITES on December 31, 2024, after previously working as Senior DGM at BHEL.

30Jul 25

RITES Partners with NABCONS for Infrastructure Development; Q4 Net Profit Rises 3.4%

RITES Ltd signed an MoU with NABCONS to jointly develop infrastructure and rural development projects in India and internationally. The partnership covers sectors like rural infrastructure, agri-logistics, and smart cities. In Q4 results, RITES reported a 3.4% increase in net profit to ₹141.00 crore, despite a 4.3% decrease in revenue to ₹615.00 crore. EBITDA rose by 5.4% to ₹185.50 crore, with operating margins improving by 564 basis points to 30.00%. The company declared a final dividend of ₹2.65 per share.

30Jul 25

RITES and NABCONS Join Forces to Drive Infrastructure and Rural Development

RITES Ltd. and NABARD Consultancy Services Pvt. Ltd. (NABCONS) have signed a Memorandum of Understanding to collaborate on infrastructure and rural development projects in India and abroad. The partnership aims to combine RITES' expertise in transport infrastructure with NABCONS' specialization in agriculture and rural development. Key focus areas include rural and urban infrastructure, green mobility, agri-logistics, climate-resilient development, and smart cities. The collaboration seeks to deliver integrated consultancy and project management services across various sectors, with plans to explore international opportunities, particularly projects funded by multilateral development banks.

25Jul 25

RITES Secures ₹177.23 Crore Contract from Bharat Electronics Limited, Reports Q4 Results

RITES Limited has received a Letter of Intent from Bharat Electronics Limited for a project valued at ₹177.23 crore. The contract involves design services, Project Management Consultancy, and construction of a Mass Manufacturing Facility for EM SBU at BEL – Palasamudram, Andhra Pradesh. The project has a 24-month execution period. RITES also reported a 3.40% increase in net profit to ₹141.00 crore in its latest quarterly results, with revenue at ₹615.00 crore. The company has declared a final dividend of ₹2.65 per share for FY2025, subject to shareholder approval.

23Jul 25

RITES and CMPDI Join Forces to Tap into Mining and Renewable Energy Potential

RITES Ltd. and Central Mine Planning & Design Institute Limited (CMPDI) have signed a Memorandum of Understanding on July 23, 2025, to collaborate on mining and renewable energy projects. The partnership aims to leverage RITES' international experience and logistics expertise with CMPDI's mining capabilities. They will jointly identify opportunities, conduct feasibility studies, and submit proposals for projects in India and abroad. The collaboration covers mining, renewable energy, and related infrastructure development.

21Jul 25

RITES Limited Sets Board Meeting for Q1 FY2025-26 Results and Interim Dividend Consideration

RITES Limited has scheduled a board meeting for August 6, 2025, to review Q1 FY2025-26 financial results and consider an interim dividend. The meeting will assess unaudited standalone and consolidated financial results for the quarter ended June 30, 2025. A trading window closure is in effect from July 1, 2025, until 48 hours post-meeting for designated persons and their immediate relatives, in compliance with SEBI regulations.

11Jul 25

RITES Secures ₹46.82 Crore Contract for College Infrastructure in Karnataka

RITES Limited has won a ₹46.82 crore contract from the Department of Collegiate and Technical Education in Bengaluru for the construction and renovation of government first-grade colleges in Karnataka. The project, part of the PM USHA Scheme, involves building new facilities and renovating existing structures on a turnkey basis. RITES is set to complete the project within 36 months, marking its expansion into the education infrastructure sector.

02Jul 25

RITES Secures $3.6 Million International Contract for Refurbished Locomotives

RITES Ltd. has won a $3.6 million contract from African Rail Company to supply and commission two overhauled ALCO diesel-electric locomotives for use in Zimbabwe, Mozambique, and Botswana. The project includes equipment upgrades and technical support with a 9-month execution timeline. This deal marks RITES' expansion in the African market and showcases its expertise in railway solutions internationally. Following the announcement, RITES shares jumped 6% to Rs 296.00.

01Jul 25

RITES Ltd Secures International and Domestic Railway Contracts

RITES Ltd has won a $3.60 million order from African Rail Company for two overhauled Cape Gauge ALCO diesel-electric locomotives, to be delivered within nine months. Additionally, the RITES-ARYAN Joint Venture has been awarded a ₹37.81 crore contract by South Western Railway for redeveloping Tumakuru Station, with a 540-day completion timeline.

10Jun 25

RITES Ltd Secures $2.9 Million Construction Supervision Contract from Guyana

RITES Ltd has won a $2.9 million (₹25.00 crore) contract for construction supervision of the East Bank-East Coast Road Project Phase 2 extension in Guyana. The contract spans 30 months, including 18 months of construction supervision and a 12-month defects liability period. Additionally, RITES has signed an MoU with Hindustan Copper to develop a supply chain for metals and minerals, focusing on critical minerals.

09Jun 25

RITES Shares Climb on New Deal with Hindustan Copper

RITES Ltd. shares increased following the announcement of a new deal with Hindustan Copper. The stock initially surged by nearly 3% before settling at a 0.90% gain. While specific details of the deal are not disclosed, the market's reaction suggests positive investor sentiment. RITES, a Mini Ratna Public Sector Enterprise, offers comprehensive services in transport infrastructure, including design, engineering, and consultancy for various projects.

05Jun 25

RITES Ltd Shares Surge 7% on Rs 28.5 Crore Order Win from Gujarat Urban Development Co

RITES Ltd secured a Rs 28.5 crore contract from Gujarat Urban Development Co. for WSS/UGD/STP projects under Amrut 2.0 and Swarnim Jayanti Mukhya Mantri Shaheri Vikas Yojana. The company's shares rose up to 7% to a seven-month high following the announcement. The order is subject to final scrutiny and evaluation.

03Jun 25

RITES Secures Lowest Bid for Rs 28.5 Crore Gujarat Urban Infrastructure Contract

RITES Ltd has emerged as the lowest bidder for a Rs 28.50 crore urban infrastructure project in Gujarat under the AMRUT 2.0 scheme. The contract involves Third Party Inspection (TPI) services for infrastructure development. This bid win demonstrates RITES' competitive edge in offering cost-effective solutions for government-backed urban development initiatives.

14May 25

RITES Reports Mixed Q4 Results: Profit Up 3.4%, Revenue Down 4.3%, Declares ₹2.65 Per Share Dividend

RITES Ltd's Q4 FY2025 results show a 4.3% revenue decline to ₹615.00 crore, but improved profitability metrics. EBITDA increased by 5.4% to ₹185.50 crore, with EBITDA margin expanding by 564 bps to 30.16%. Net profit rose 3.4% to ₹141.00 crore. The company declared a final dividend of ₹2.65 per share for FY2025, subject to shareholder approval.

24Apr 25

RITES Secures Multiple Projects: ₹28 Crore Order from Mahanadi Coalfields and Railway Contract

RITES Limited has secured two significant orders totaling ₹56 crore. The first is a ₹28 crore contract from Mahanadi Coalfields Ltd for detailed engineering and project management consultancy services for rail connectivity at the Lakhanpur Area. The second is a ₹28 crore contract from South Central Railway for a high-speed rail corridor survey. These orders highlight RITES' expertise in coal and railway sectors, reinforcing its position in the Indian infrastructure consultancy market.

11Apr 25

RITES Ltd Forges Strategic Partnership with DP World for Trade and Infrastructure Development

RITES Ltd, an Indian public sector enterprise, has signed a Memorandum of Understanding (MoU) with Dubai-based DP World to explore opportunities in trade, logistics, and infrastructure projects. The partnership aims to combine RITES' expertise in transport infrastructure with DP World's global logistics experience. Key focus areas include trade development, logistics optimization, and infrastructure project exploration. This collaboration has the potential to enhance India's trade facilitation, logistics efficiency, and infrastructure development, potentially boosting the country's competitiveness in the global market.

09Apr 25

RITES Signs Strategic MoU with DP World for Trade and Infrastructure Development

RITES Limited signed an MoU with DP World to collaborate on trade, logistics, and infrastructure development projects. The partnership covers port development, multimodal logistics parks, free trade zones, rail connectivity, and logistics infrastructure services. The agreement was signed in the presence of high-ranking officials from both India and UAE, signaling strong governmental support. This collaboration aims to leverage RITES' infrastructure expertise and DP World's global logistics network to strengthen economic ties between India and UAE.