+
RITES Q1 Profit Up 7.9 Per Cent, Rs 4.5 Billion in Orders
ECONOMY & POLICY

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

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.

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.

Related Stories

Gold Stories

Next Story
Real Estate

Peninsula Land launches 19 luxury villas in Pune

Pune’s residential landscape is witnessing a shift as premium homebuyers increasingly seek larger spaces, privacy and independent living options beyond high-rise apartments. Addressing this demand, Peninsula Land Limited, part of the Ashok Piramal Group, has launched AshokVillas, an exclusive collection of 19 premium furnished villas in Gahunje, Pune.The development combines the independence of a standalone home with the convenience and security of a managed residential community. Designed around low-density horizontal living, AshokVillas offers residents private spaces while providing acces..

Next Story
Infrastructure Urban

MyBranch Expands South India Network with 16 Workspace Centres

MyBranch has expanded its South India presence with a 50,000 sq ft flexible workspace network comprising 16 centres across 14 cities in Andhra Pradesh, Karnataka, Tamil Nadu and Telangana.The expansion reflects growing demand for flexible office infrastructure as businesses establish regional teams, satellite offices and operations beyond traditional metropolitan markets. MyBranch’s network spans Bengaluru, Coimbatore, Guntur, Hanamkonda, Hubballi, Hyderabad, Madurai, Mangaluru, Rajahmundry, Salem, Tirupati, Vellore, Vijayawada and Visakhapatnam, with a large office space in Chennai also und..

Next Story
Building Material

Walplast Launches Moisture-Resistant Gypsum Plaster Solutions

Walplast Products Pvt. Ltd. has expanded its HomeSure GypEx portfolio with the launch of GypEx MoistShield and GypEx Gold, two gypsum plaster solutions designed to address moisture-prone applications and improve plastering efficiency.The new products have been developed in response to the growing demand for faster construction processes, improved material performance and consistent surface quality. The solutions aim to simplify interior plastering while addressing specific application requirements across construction environments.“Through HomeSure GypEx MoistShield and GypEx Gold, we are exp..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code