RITES posts Rs 424 crore profit in FY'25; declares final dividend of Rs 2.65 per share

New Delhi: Public sector engineering and consultancy firm RITES Ltd has reported a consolidated profit after tax (PAT) of Rs 424 crore for the financial year ended March 31, 2025, marking a dip from Rs 495 crore in FY24. The company’s total consolidated revenue for the year stood at Rs 2,324 crore, compared to Rs 2,539 crore in the previous fiscal, reflecting a decline mainly due to reduced income from exports, turnkey, and quality assurance projects.

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For the fourth quarter (Q4 FY'25), RITES reported a consolidated PAT of Rs 141 crore, up 3.4 percent year-on-year, while consolidated revenue stood at Rs 639 crore, a slight decline from Rs 668 crore in Q4 FY24. The company's EBITDA for the quarter rose to Rs 189 crore, with margins improving to 30.8 percent.

Despite the overall annual revenue decline, the company has recommended a final dividend of Rs 2.65 per share, amounting to a payout of Rs 127 crore. This brings the dividend payout ratio to 95.4 percent of the FY25 profit.

RITES also announced that it had achieved its highest-ever order book, valued at Rs 8,877 crore as of March 31, 2025. Over 150 orders worth Rs 1,418 crore were secured during the fourth quarter alone, which the company said underscores its continued operational momentum.

Commenting on the results, RITES Ltd's Chairman and Managing Director (CMD) Rahul Mithal said, “Concerted efforts this quarter in execution of high-margin projects has helped us achieve our objective of coming as close as possible to our previous financial year’s performance, in line with our business strategy for this year.”

On a standalone basis, RITES reported a Q4 PAT of Rs 134 crore, an increase of 9.2 percent year-on-year. Standalone revenue for the quarter was Rs 623 crore, compared to Rs 639 crore a year ago.

In terms of segmental performance, the consultancy business remained the key contributor, bringing in Rs 1,133 crore in FY25, with margins of 36.3 percent. Leasing revenue held steady at Rs 150 crore, while turnkey operations brought in Rs 797 crore. Export revenue was limited to Rs 15 crore but is expected to pick up in FY26.

Looking ahead, the company remains optimistic. “With an all-time high order book of Rs 8,877 crore and maintaining the trend of ‘one order a day’, we have built a strong platform for the year ahead, aiming for appreciable growth in our revenue,” said Mithal.

RITES Ltd, a Navratna Central Public Sector Enterprise under the Ministry of Railways, is a leading player in transport infrastructure consultancy and engineering in India and abroad.

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