RITES declares interim dividend, reports strong half-year financial performance

RITES Limited's board of directors, at its meeting on November 11, 2025, approved standalone and consolidated unaudited financial results for the quarter and half-year ended September 30, 2025. The company declared a second interim dividend of ₹2.00 per share, representing 20% of its paid-up share capital, for the financial year 2025-26. The record date for this dividend payment is set for Saturday, November 15, 2025.

For the half-year ended September 30, 2025, standalone total income reached ₹1,037.22 crores, with a profit after tax of ₹168.87 crores. Consolidated total income for the same period was ₹1,090.76 crores, and consolidated profit after tax stood at ₹199.99 crores. Earnings per share (basic and diluted) for the half-year were ₹3.51 on a standalone basis and ₹3.71 on a consolidated basis.

The board also noted the progress in the voluntary liquidation of Indian Railway Stations Development Corporation (IRSDC), in which RITES has an investment of ₹48 crore, and the dissolution of MMG-Metro Management Group Limited, where RITES has impaired its ₹0.60 crore investment.