RITES Posts Rs 5.61 Bn Revenue, Rs 980 Bn PAT in Q1
ECONOMY & POLICY

RITES Posts Rs 5.61 Bn Revenue, Rs 980 Bn PAT in Q1

RITES reported consolidated total revenue of Rs 5.61 billion for the first quarter of FY27, compared with Rs 5.12 billion during the corresponding period of the previous financial year.

Consolidated operating revenue, excluding other income, increased by 8.6 per cent to Rs 5.32 billion from Rs 4.90 billion in Q1 FY26. EBITDA stood at Rs 1.19 billion, with a margin of 22.4 per cent, while profit after tax reached Rs 980 million with a margin of 17.4 per cent.

On a standalone basis, operating revenue increased to Rs 4.98 billion from Rs 4.56 billion. Total standalone revenue stood at Rs 5.25 billion, compared with Rs 4.76 billion in Q1 FY26.

Standalone EBITDA rose to Rs 850 million from Rs 840 million, while profit after tax increased to Rs 720 million from Rs 670 million. The respective EBITDA and PAT margins were 17.2 per cent and 13.7 per cent.

The consultancy business remained the company’s largest revenue contributor, generating Rs 2.72 billion with a margin of 31.4 per cent. Leasing revenue stood at Rs 490 million with a margin of 38.1 per cent, while the turnkey segment generated Rs 1.76 billion.

RITES secured more than 120 orders, including extensions of existing works, valued at over Rs 6.74 billion during the quarter. Its order book reached an all-time high of Rs 94.45 billion as of 30 June 2026.

The company’s board declared an interim dividend of Rs 1.4 per share, amounting to Rs 670.28 million. The record date for the dividend payment has been fixed as 10 August 2026.

Rahul Mithal, Chairman and Managing Director, RITES, said the company remained on track to achieve its FY27 growth targets. He added that RITES would focus on integrating advanced technologies to improve project delivery.

RITES reported consolidated total revenue of Rs 5.61 billion for the first quarter of FY27, compared with Rs 5.12 billion during the corresponding period of the previous financial year.Consolidated operating revenue, excluding other income, increased by 8.6 per cent to Rs 5.32 billion from Rs 4.90 billion in Q1 FY26. EBITDA stood at Rs 1.19 billion, with a margin of 22.4 per cent, while profit after tax reached Rs 980 million with a margin of 17.4 per cent.On a standalone basis, operating revenue increased to Rs 4.98 billion from Rs 4.56 billion. Total standalone revenue stood at Rs 5.25 billion, compared with Rs 4.76 billion in Q1 FY26.Standalone EBITDA rose to Rs 850 million from Rs 840 million, while profit after tax increased to Rs 720 million from Rs 670 million. The respective EBITDA and PAT margins were 17.2 per cent and 13.7 per cent.The consultancy business remained the company’s largest revenue contributor, generating Rs 2.72 billion with a margin of 31.4 per cent. Leasing revenue stood at Rs 490 million with a margin of 38.1 per cent, while the turnkey segment generated Rs 1.76 billion.RITES secured more than 120 orders, including extensions of existing works, valued at over Rs 6.74 billion during the quarter. Its order book reached an all-time high of Rs 94.45 billion as of 30 June 2026.The company’s board declared an interim dividend of Rs 1.4 per share, amounting to Rs 670.28 million. The record date for the dividend payment has been fixed as 10 August 2026.Rahul Mithal, Chairman and Managing Director, RITES, said the company remained on track to achieve its FY27 growth targets. He added that RITES would focus on integrating advanced technologies to improve project delivery.

Related Stories

Gold Stories

Next Story
Resources

Schindler named among Forbes’ World’s Best Employers 2026

Schindler has been named among Forbes’ World’s Best Employers 2026, a global ranking recognising companies for their workplace environments.Compiled by Forbes in partnership with Statista, the ranking is based on independent employee feedback, including whether employees would recommend their organisation to friends and family.The company said the recognition reflected its focus on creating a workplace where employees can develop their expertise and build careers. ..

Next Story
Infrastructure Urban

India needs an export-execution mindset: Vishesh Jain

Interview with Vishesh Jain, Founder & CEO, EximpleWhat gaps in India’s global trade ecosystem led you to build Eximple, and what problem did you see businesses struggling with most?Eximple came out of a problem that all three founders had seen from different choke points in the trade ecosystem. India has millions of MSMEs and manufacturers, and many of them can make products that are genuinely competitive on quality. Yet only a small fraction is able to build meaningful international businesses. In our experience, the gap is usually not manufacturing capability; it is the ability to exe..

Next Story
Building Material

Nuvoco reports 13.5% revenue growth in Q2 FY27

Nuvoco Vistas Corp. Ltd. reported consolidated revenue of Rs 27.9 billion for Q2 FY27, up 13.5% year on year. Cement sales volume rose 9% to 4.7 million tonnes (MMT), while EBITDA increased 11% to Rs 4.11 billion.The company said it began its cement operations in 2014 with a 2.3 MMT per annum (MMTPA) operation at Nimbol. It now aims to reach 35 MMTPA of cement capacity by FY28, nearly 15 times its initial capacity. Its portfolio spans cement, ready-mix concrete and modern building materials.On sustainability and cost efficiency, Nuvoco partnered with CleanMax for a 46.4 MW wind-solar hybrid re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code