Rites Business Update
RITES Ltd signed an MoU with HPCL to provide consultancy services for railway siding infrastructure across HPCL facilities. This collaboration aims to enhance logistics efficiency.
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RITES Ltd signed an MoU with HPCL to provide consultancy services for railway siding infrastructure across HPCL facilities. This collaboration aims to enhance logistics efficiency.
RITES Ltd announced its Q1FY27 financial results, reporting consolidated revenue of ₹561 crore and PAT of ₹98 crore. The Board also declared an interim dividend of ₹1.4/share.
RITES Ltd reported a healthy Q1FY27 with consolidated revenue up 9.6% and PAT up 7.7% YoY. Strategy focuses on turnkey execution, leasing, and consultancy diversification.
RITES Limited's Board has declared a first interim dividend of ₹1.40 per equity share for FY 2026-27. The record date is set for August 10, 2026.
Rites Ltd reported revenue from operations of ₹532.2 Cr (+8.7% YoY) and net profit of ₹97.8 Cr (+7.6% YoY) for Q1 FY27.
RITES Limited signed an MoU with MECON Limited to jointly explore business opportunities across diverse infrastructure and energy sectors.
RITES Ltd announced a board meeting on August 4, 2026, to consider unaudited financial results and a potential first interim dividend for FY 2026-27.
RITES Limited appointed Shri Vinod Kumar Paswan as GGM (Civil) and Regional Head. Simultaneously, Shri Alok Bansal ceased to be part of the senior management team.
RITES Limited secured a Rs. 79.22 Crore consultancy order from Patna Metro Rail Corporation. The project will be executed over 68 months.
RITES Ltd’s board noted a fine of ₹94,400 each from NSE and BSE for non‑compliance. The amount equals approximately 0.0094 Crore.
RITES won a Rs.34.18 Crore contract from South Africa’s Volantis for locomotives. Delivery is due in 20 months, expanding its international order book.
RITES bagged a Rs.341.85 Crore international order from South Africa. The 20-month contract covers supply and commissioning of 4000 HP locomotives.
RITES secured a USD 35.82 million order from Volantis Asset Finance for locomotives. The 20-month contract boosts its international order book significantly.
RITES Ltd announced the cessation of Dr. Dineshananda Goswami as Independent Director effective July 7, 2026. The updated board list is attached for reference.
RITES secured a CARE AAA rating for its Rs. 3,555 Crore bank facilities. The stable outlook reflects its strong GoI linkage and diversified order book.
RITES secured a project management consultancy order from BBAU. The contract is valued at Rs.175.41 Crore with a 30-month execution period.
RITES and CONCOR signed an MoU for logistics infrastructure consultancy. The partnership focuses on Project Management Consultancy services for CONCOR's terminals.
RITES Ltd had its credit ratings reaffirmed by Infomerics Valuation and Rating Ltd. Ratings cover bank facilities totaling ₹3,555 Crore.
RITES Limited secured a Rs. 28.8 Crore contract enhancement from NUPPL. The agreement involves railway siding maintenance and locomotive leasing for 48 months.
RITES Ltd secured an order enhancement from NUPPL. The contract value increased to ₹148.93 Crore for railway siding maintenance and locomotive hiring.
RITES Ltd’s board approved formation and capital investment in a joint venture with NICC Infrastructure Construction LLC in UAE. The filing is disclosed under SEBI Regulation 30.
RITES Limited clarified that significant share volume movement is market-driven. The company confirmed no undisclosed price-sensitive information exists, ensuring transparency for investors.
RITES Limited appointed Shri Atul Singh as a Government Nominee Director effective May 29, 2026. This appointment ensures regulatory compliance and continued government representation on the board.
RITES Limited filed its Annual Secretarial Compliance Report for the financial year 2025-26. The report notes historical board composition deviations common to government-owned entities.
RITES Limited appointed Shri Atul Singh as a Government Nominee Director. He brings over 30 years of Indian Railways experience to the company's board.
RITES Ltd signed an MoU with Crisil Limited to offer data-driven infrastructure solutions. The partnership combines RITES' engineering expertise with Crisil's analytical capabilities for global projects.
RITES Limited reports Q4 FY26 revenue of INR 750+ crore and highest-ever order book of INR 9,416 crore, signaling strong execution and strategic shift toward growth.
RITES Ltd reported Q4FY26 consolidated revenue growth of 27.7% YoY with 22.4% EBITDA margins. Management highlights highest-ever order book of ₹9416 crore and consistent export traction.
RITES reported FY26 revenue of ₹2525 Crore and PAT of ₹454 Crore. The Board recommended a final dividend of ₹2.75 per share for shareholders.
RITES Limited recommended a final dividend of ₹2.75 per equity share for FY 2025-26. The record date and AGM details will be announced later.