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  1. RITES Q4 results: Net profit drops 1.4% to ₹139 crore, revenue up 27% YoY, check details

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RITES Q4 results: Net profit drops 1.4% to ₹139 crore, revenue up 27% YoY, check details

SUMMARY

RITES posted a 1.4% fall in net profits after tax in the March quarter, with revenues advancing 27% year-on-year in the same period. Shares dropped 2% after the earnings release.

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RITES posted a 27% increase in consolidated revenues Q4 FY26. | Image: Shutterstock

RITES posted a 27% increase in consolidated revenues Q4 FY26. | Image: Shutterstock

RITES Q4 results: Construction company, RITES, recorded a 1.4% fall in net profits after tax in the March quarter due to the company’s rising expenses, while the core revenues rose for the period.
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In the NSE filing, RITES posted a 1.4% fall in its consolidated net profits to ₹139 crore in the fourth quarter of the financial year ended 2025-26, compared year-on-year with ₹141 crore in the same period a year ago.

The company’s revenue from core operations advanced 27% to ₹768 crore in the March quarter of the year ended 2025-26, compared with ₹602 crore in the same period a year earlier.

The data further showed that the company increased its employee benefits expenses to ₹137 crore, from ₹126 crore in the same period a year ago. The overall total expenses for the company rose by 42% YoY to ₹617 crore, compared to ₹434 crore in the same period a year ago.

Latest corporate updates showed that RITES received a letter from the National Aluminium Company Limited (NALCO) to provide engineering and project management consultancy services for the construction of a railway siding at Sankerjang.

The contract value of the project was increased from ₹79.73 crore to ₹118.89 crore, excluding GST, as per the official announcment.

RITES final dividend issue

RITES board of directors, after its quarterly meeting, announced a ₹2.75 per share final dividend with a face value of ₹10 apiece, subject to the approval of the members in the upcoming annual meeting.

The board “recommended final dividend of ₹2.75 per share (i.e. 27.50%) on 48,06,03,774 equity shares of face value of ₹10 apiece of the company for the financial year ended 2025-26, subject to the approval of the same by shareholders in the ensuing 52nd Annual General Meeting,” the company informed the stock exchanges.

If approved, the company will pay a final dividend of ₹2.75 per share to its eligible shareholders, up to one day ahead of the pre-determined record date of the corporate action.

The company has not yet released the record date for the corporate action, but after approval, the dividend issue will be paid within 30 days from the annual general meeting.

RITES share price trend

RITES shares have delivered more than 64% returns on their investment in the last five years, and over 10% gains in the last three-year period, according to the NSE data. However, the company's shares have lost 30% in the last one year period.

So far in 2026, RITES shares have dropped 15% and 7.8% in the past one-month period, as per the exchange data.

The company’s shares hit their 52-week high of ₹316 on June 5, 2025, while the 52-week low was on March 30, 2026. The company’s market capitalisation (m-cap) was at ₹9,849 crore as of Tuesday’s trading session.

Disclaimer: This article is purely for informational purposes and should not be considered investment advice from Upstox. Please consult with a financial advisor before making any investment decisions.

About The Author

Anubhav Mukherjee
Anubhav Mukherjee is a business journalist with experience at leading financial news platforms. He writes on a wide range of topics, including equity markets, corporate developments, company earnings and commodities. He holds a Post-Graduate Diploma in Business & Financial Journalism by Bloomberg from the Asian College of Journalism.

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