RITES Limited
Established in 1974, RITES Limited is a public sector enterprise and a leading player in the transport consultancy and engineering sector in India, having diversified services and geographical reach. The company is the only export arm of Indian Railways for providing rolling stock overseas (other than Thailand, Malaysia and Indonesia).
What RITES files
- Others78
- Updates44
- New Orders43
- Investor Meet36
- Dividend/Bonus19
- Important14
RITES announced its Integrated Annual Report for FY25-26 is now available online. Investors can access this comprehensive performance review via a direct web-link. The Annual General Meeting is scheduled.
RITES reported FY26 consolidated revenue of H2,525 Cr & PAT of H454 Cr. Secured a H915 Cr Bangladesh coach contract and 10 Mozambique loco exports, boosting its H9,416 Cr order book. Achieved highest-ever consultancy and leasing revenue. Total dividend H382 Cr. Launched AI Centre of Excellence. Noted fines for board...
RITES opened a branch office in South Africa to boost business development. This expansion aims to tap new markets, potentially driving future revenue growth.
RITES has scheduled its 52nd Annual General Meeting virtually. A record date has been set for the final dividend for FY2025-26, pending shareholder approval. E-voting options will be available for participants.
RITES divested its entire 13% stake in associate Elicius Energy Private Limited for ₹60,544.77. This move results in Elicius Energy no longer being an associate, streamlining RITES's portfolio.