RITES Q1 Profit Up 7.9 Per Cent, Rs 4.5 Billion in Orders

07 Aug 2025 CW Team

RITES Ltd, a leading transport infrastructure consultancy and engineering firm, has reported its standalone and consolidated financial results for the quarter ended 30 June 2025. The company recorded a 7.9 per cent year-on-year rise in operational profit, driven by improved execution.

In the first quarter of FY26, RITES secured over 150 orders worth Rs 4.51 billion, taking its total order book to Rs 87.9 billion as of 30 June 2025. The Board also declared an interim dividend of Rs 1.30 per share, amounting to Rs 625 million.

On a consolidated basis, the company’s operating revenue stood at Rs 4.9 billion, with EBITDA at Rs 1.17 billion and a margin of 23.8 per cent. Profit after tax (PAT) came in at Rs 910 million, with a margin of 17.8 per cent—both marking an improvement over the same period last year.

Chairman and Managing Director Rahul Mithal noted that the results were largely flat, highlighting the need for faster execution. He pointed out that the company had secured nearly 300 orders worth Rs 35 billion in the last two quarters of FY25, indicating a young and promising order book.

On a standalone basis, RITES posted operating revenue of Rs 4.56 billion compared to Rs 4.54 billion in Q1FY25. Total revenue stood at Rs 4.76 billion, with EBITDA at Rs 840 million and PAT at Rs 670 million, up 7.6 per cent and 2.8 per cent respectively.

The consultancy segment remained the primary revenue contributor, generating Rs 2.62 billion with a margin of 32.2 per cent. Leasing revenue from a fleet of 88 locomotives reached Rs 430 million, maintaining high margins of 38.4 per cent. Turnkey projects brought in Rs 1.48 billion in revenue, while exports began in the second quarter of FY26.

Looking ahead, Mr Mithal expressed confidence in sustained order momentum, with a goal of achieving sequential growth and surpassing last year’s performance.

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