Q3 Results: Government railway company RITES Ltd has announced the results for the December quarter. The company’s net profit increased by 2% year-on-year to ₹102 crore. It was ₹100 crore in the same quarter last year. Even though profit growth was limited, performance at the operating level remained strong.
5.7% increase in revenue
RITES revenue grew 5.7% to ₹608.6 crore during the quarter. This growth was driven by consistent and steady execution from the company’s core consultancy and project management segments. These core business segments supported the company’s topline.
Strong improvement in EBITDA and margins
RITES performed better on the operating performance front. EBITDA grew 21.5% YoY at ₹142.5 crore as against ₹117.3 crore in the same quarter last year.
With this, EBITDA margin increased to 23.4%, which was 20.4% a year ago. This improvement in margins reflects better operating leverage and cost control.
Declaration of third interim dividend
Along with the results, RITES has also given the gift of dividend to the investors. The company has declared a third interim dividend for FY26 at ₹1.90 per equity share, which is 19% of the paid-up share capital.
The record date for the dividend has been fixed as February 10, 2026 and it will be paid on or before March 5, 2026.
Condition of RITES in stock market
After the results, RITES shares showed slight strength in the stock market. The stock reached Rs 225.58 with a gain of 0.79%. The stock also touched an intraday high of ₹229.67. The stock is down 12.87% in the last 6 months. At the same time, it is almost flat since last one year. Its market cap is Rs 10.83 thousand crore.
What is the business of RITES?
The main business of public sector RITES Ltd is related to transport infrastructure consultancy and project management. The company provides design, planning, engineering, project management, supervision and quality control services in sectors like Railways, Metro, Roads, Ports, Airports and Urban Transport.
RITES works on government and public sector projects in India as well as abroad. This gives it a stable order book and regular revenue.
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