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RITES Limited disclosed that Shri Sai Singh Khongrymmai, GGM (Civil), will cease to be Senior Management from 13 November 2026 on completing his deputation tenure. The change is a senior management departure.
Q2 was muted: revenue milestones slipped 10-15 days into Q3, hitting top and bottom line. Management reiterates FY27 double-digit revenue growth and margin red lines, with no quantified Q2 numbers given.
RITES Ltd reported Q2FY27 consolidated revenue of ₹583 crore and PAT of ₹97 crore. It also declared a ₹1.90 per share second interim dividend.
Q2FY27 consolidated operating revenue ₹557cr (+1.5%); PAT ₹97cr (-11.0%) on export collapse and revenue-mix shift. Order book ₹9,388cr.
RITES Limited's board approved an interim dividend of Rs 1.90 per equity share for FY 2026-27 on 4 November 2026. Record date is 11 November 2026 and payment by 3 December 2026.
Rites Ltd reported revenue from operations of ₹556.8 Cr (+1.5% YoY) and net profit of ₹97.1 Cr (-11.0% YoY) for Q2 FY27.
RITES emerges as Lowest Bidder for Sri Lanka Railways DMU train set supply worth ₹400 Crore. Execution spans 12 months from LC opening.
RITES is the L-1 bidder for Sri Lanka Railways' broad gauge DMU train supply, estimated at Rs 400 Crore. Award remains subject to Sri Lanka Railways' scrutiny and evaluation.
RITES Limited clarified that recent significant movements in share volume are entirely market-driven. The company confirmed it has no undisclosed price-sensitive information at this time.
RITES disclosed a CRISIL ESG rating of 63 (core rating 79) under Reg 30. The company confirmed it did not engage CRISIL; the rating was independently prepared.
RITES Ltd scheduled its Board meeting for November 4, 2026, to approve Q1/H1 FY27 results and consider a second interim dividend. Trading window closed since October 1.
RITES Ltd has appointed Dr. Sandeepa Malhotra as an Independent Director on its Board for a three-year tenure, effective from October 6, 2026.
RITES Limited received a favorable tax order from the Deputy Commissioner (Ahmedabad) granting relief of ₹38.30 Crore concerning an appeal for FY 2019-20.
RITES Ltd clarified that the recent significant movement in share volume is completely market-driven and not due to any undisclosed company information or pending announcements.
RITES Limited conducted its 52nd Annual General Meeting on September 25, 2026. Shareholders considered resolutions including dividend declaration and the re-appointment of Chairman Rahul Mithal.
RITES Limited's board has approved the closure of its Botswana-based wholly-owned subsidiary, RITES (Afrika) Proprietary Limited. The closure process is expected to complete within six months.
RITES signed an MoU with NHIDCL for highway and infrastructure consultancy in North-East and strategic areas. The framework agreement defines no specific contract value or project scope.
RITES bagged a ₹154.65 Crore consultancy contract from South Central Railway for Bidar-Kalaburagi railway electrification (110 RKM). Execution is cost-plus turnkey with ongoing timeline.
RITES updated its Railways Electrification order from South Central Railway, revising cost to Rs.154.65 Crore for 110 RKm. The increase from Rs.97.96 Crore boosts consultancy revenue.
RITES Ltd has informed exchanges about an unsolicited ESG rating of 69 assigned by Niche Ninety Nine Capability and Certifications (OPC) Private Limited.
RITES Limited has appointed M/s S R Goyal & Co. as its Statutory Auditor for a term of 12 months.
RITES Ltd provided a weblink and path for shareholders to access the Integrated Annual Report for the financial year 2025-26 as per SEBI regulations.
RITES Limited has scheduled its 52nd Annual General Meeting for September 25, 2026, to approve the financial statements, director appointments, and the final dividend declaration.
RITES Limited has opened a new branch office in the Republic of South Africa. This expansion aims to facilitate business development activities within the region.
RITES Limited recommended a final dividend of ₹2.75 per equity share for FY 2025-26. The record date is set for September 20, 2026.
RITES Limited will hold its 52nd AGM on September 25, 2026. The company has fixed September 20, 2026, as the record date for final dividend payment.
RITES Ltd has announced the extension of Shri Rahul Mithal's tenure as Chairman & Managing Director until June 30, 2027, or until further orders.
RITES Limited is divesting its entire 13% stake in Elicius Energy Private Limited for Rs 0.0006 Crore. The transaction is at arm's length.
RITES Limited has approved the sale of its entire 13% equity stake in its associate company, Elicius Energy Private Limited, for a total consideration of ₹60,544.77.
RITES reported Q1FY27 YoY growth of 9-10% in revenue and 8% in PAT. The company maintains an all-time high order book of INR 9,450 crore, focusing on execution.