51st AGM: RITES approves Final Dividend of ₹2.65/share

RITES Limited, the leading Transport Infrastructure Consultancy and Engineering firm, today conducted its 51st Annual General Meeting (AGM) through video-conferencing and Other Audio Video Means (OAVM).

During the AGM, the shareholders approved all resolutions, including the adoption of Audited Financial Statements of the company, and declaration of ₹2.65/share as a final dividend for FY2024-25. This is in addition to the three interim dividends totalling ₹4.90 per share that have already been paid during the year. The total dividend of ₹363 crore (₹7.55 per share) attributable to the financial year takes RITES' dividend payout ratio to 95.4% of the earnings. The record date for the final dividend payout is September 17, 2025.

In FY25, RITES achieved consolidated revenue of ₹2,324 crore, compared to ₹2,539 crore in FY24. Operating revenue, excluding other income, stood at ₹2,218 crore, down from ₹2,453 crore in FY24. Despite headwinds, RITES remained resilient, reporting Profit After Tax of ₹424 crore in FY25, compared to ₹495 crore in FY24. While the consultancy business continued to be the largest contributor with revenue of ₹1,133 crore, the turnkey and leasing segments recorded revenue of ₹797 crore and ₹150 crore, respectively.

While addressing the shareholders, Mr. Rahul Mithal, Chairman & Managing Director (CMD), RITES Ltd., said, "FY2025 was not just a year of challenges-it was the year we reset, rebuilt, and reaffirmed our place in a rapidly evolving infrastructure world. Our journey ahead is about more than providing solutions-it's about asking the questions that lead to lasting impact. Because we don't just shape infrastructure - We Shape What Shapes Lives."

Shares of RITES Limited was last trading in BSE at Rs. 261.05 as compared to the previous close of Rs. 264.60. The total number of shares traded during the day was 56068 in over 1789 trades.

The stock hit an intraday high of Rs. 266.60 and intraday low of 260.45. The net turnover during the day was Rs. 14724965.00.

Source : Equity Bulls

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RITES INE320J01015 51stAGM FinalDividend