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Rites Ltd reported revenue from operations of ₹768.3 Cr (+27.6% YoY) and net profit of ₹139.3 Cr (-1.4% YoY) for Q4 FY26.
RITES Limited reported FY26 consolidated total income of ₹2,524.57 Crore and recommended a final dividend of ₹132.17 Crore. The board also approved standalone results.
RITES Limited appointed Rakesh Kumar Gupta as Chief Strategy Officer effective May 18, 2026. Gupta brings 24 years of experience in corporate finance and strategic operations.
RITES Limited appointed Shri Rakesh Kumar Gupta as Chief Strategy Officer and COO of RITES EXPOCON. This leadership addition strengthens the company's strategic and operational management.
Shri Manish Tiwari has ceased to be part of RITES Limited's senior management following his transfer to subsidiary REMCL. This leadership change became effective May 14, 2026.
RITES Limited opened a new Representative Office in the Philippines to drive Southeast Asian business development. This strategic move strengthens the company's international presence and growth prospects.
RITES Limited has redesignated Mr. Navneet Kumar as Regional Head/NRPO, effective May 5, 2026. Previously serving as GM (ES&T), he continues as a member of the Senior Management Personnel. This internal leadership transition aligns with the company's regional operational strategy.
RITES Limited reorganized its BPA Vertical into Building and AP (Airports and Ports) Verticals. Shri Anoop Sharma became Head of the new AP Vertical, while Shri Navneet Kumar was appointed Regional Head/NRPO and included in Senior Management effective May 05, 2026. Shri Pankaj Chaudhary continues as Vertical Head for the reconstituted Building Vertical.
Mr. Vinod Kumar has ceased to be a Nominee Director of RITES Limited effective May 4, 2026. His cessation follows his relinquishment from the Railway Board to join the Department of Defence as Joint Secretary. This is a routine administrative change in the board's composition.
Shri Vinod Kumar (DIN: 03278897) has ceased to be the Government Nominee Director of RITES Limited effective May 4, 2026. This follows his relinquishment from the Railway Board to join the Department of Defence as Joint Secretary. The company has provided an updated list of its seven-member Board of Directors.
RITES Limited confirmed it does not fall under the Large Corporate category for FY 2025-26. The company reported zero incremental borrowing and no mandatory debt issuance requirements under the SEBI framework. This disclosure is a routine regulatory requirement regarding debt-market borrowing norms.
RITES Limited submitted its initial disclosure for FY 2026-27, confirming it does not meet the criteria for a 'Large Corporate' as per SEBI regulations. The company reported zero outstanding long-term borrowings as of March 31, 2026. This filing is a routine regulatory compliance matter and has no direct material impact on operations.
RITES Limited has scheduled a board meeting on May 19, 2026, to consider and approve audited standalone and consolidated financial results for the year ended March 2026. The board will also consider a final dividend proposal. The trading window for designated persons remains closed from April 1 until May 21, 2026.
RITES Limited has scheduled a Board Meeting on May 19, 2026, to approve audited financial results for the quarter and year ended March 31, 2026. The board will also consider recommending a final dividend for FY 2025-26. The company's trading window remains closed until 48 hours after the meeting outcome.
RITES Ltd has announced the liquidation of its joint venture company, MMG - Metro Management Group Limited. The JV involved RITES, DMRC, and the Israeli firm Poran Shrem Engineering and Appraisal Limited. This closure follows an initial intimation dated December 27, 2024, and marks the formal dissolution of the entity.
RITES Limited announced the cessation of Likha Togu as a Non-Executive Independent Director, effective April 15, 2026. This leadership change follows the conclusion of the director's tenure/role, as disclosed under SEBI listing regulations.
RITES Limited announced the cessation of Shri Likha Togu as an Independent Director effective April 15, 2026, following the completion of his tenure. The company provided an updated list of the Board of Directors comprising eight members post-cessation. This is a routine regulatory filing under SEBI LODR Regulation 30.
RITES Limited has appointed Shri Subhra Jyoti Mandal as a senior management official for a three-year term effective May 1, 2026. He succeeds Anil Prakash, who completes his tenure on the same date. Mandal brings over 25 years of railway infrastructure experience from leadership roles within Indian Railways.
RITES Limited announced leadership changes effective May 1, 2026. Shri Subhra Jyoti Mandal, GGM/ Civil, will join the Senior Management as Regional Head, ECRPO, Bhubaneswar. Simultaneously, Shri Anil Prakash will cease to be part of the Senior Management upon his repatriation.
RITES Limited has announced a reorganization of its senior management. Mrs. Shobhana Palli has been designated as Vertical Head (RI and Metro), while Col. Mahesh Narayan, an infrastructure strategist and veteran, has been appointed as the new Regional Head SRPO. These changes were effective as of April 8, 2026.
RITES Ltd has reorganized its senior management effective April 08, 2026. Mrs. Shobhana Palli has taken over as Vertical Head for RI & Metro, while Colonel Mahesh Narayan, a veteran infrastructure strategist, has been appointed as Regional Head (Southern Region) and included in the senior management team.
RITES Limited secured a contract value enhancement from NALCO for railway siding consultancy at the Utkal-D Coal Mines. The project value increased from ₹79.73 Crore to ₹118.89 Crore (excluding GST). The work involves detailed engineering and project management consultancy on a cost-plus turnkey basis.
RITES Ltd has submitted the compliance certificate under Regulation 74(5) for the quarter ended March 31, 2026. The registrar, Beetal Financial & Computer Services, confirmed the processing and listing of dematerialized securities. This is a routine administrative disclosure with no direct material impact on financials.