RITES Limited — Board Meeting, 14-05-2025: Outcome of Board Meeting

RITES Limited has announced a board meeting on which it approved the financial results for the quarter and half-year. Consolidated revenue rose to ₹2,323.52 Cr with a net profit of ₹423.66 Cr, indicating solid performance. The board proposed a final dividend of ₹2.65 per share, adding to interim dividends totaling ₹4.90 per share for FY25. Shri Rajbir Sharma was appointed as an Independent Director for three years. The company also issued bonus shares in a 1:1 ratio, doubling the equity base and improving stock liquidity.