RITES Share Price Jumps Over 2% After Q2 FY26 Earnings, PAT Surges 35% YoY

RITES Limited announced its consolidated unaudited financial results for the quarter and half-year ended September 30, 2025. The infrastructure consultancy and engineering services provider demonstrated exceptional profitability growth despite a modest revenue increase, driven by operational efficiencies and improved margins across business segments.

RITES Q2 FY26 Earnings Results

For the quarter ended September 30, 2025, RITES achieved consolidated revenue from operations of ₹549 crore, registering growth of 1% YoY and 12% QoQ. Total income stood at ₹579 crore, up 3% YoY and 13% QoQ compared to the respective periods.

Profit before tax reached ₹146 crore, marking an exceptional expansion of 32% YoY and 20% QoQ. Profit after tax attributable to equity shareholders stood at ₹98.21 crore, demonstrating outstanding growth of 35% YoY and 23% QoQ. Basic and diluted earnings per share were ₹2.04 for the quarter.

RITES Half-Year FY26 Earnings Results

For the half year ended September 30, 2025, consolidated revenue from operations reached ₹1,038 crore, up 1% from ₹1,027 crore in H1 FY25. Total income totalled ₹1,091 crore, reflecting 2% growth year on year.

Half-year PBT stood at ₹268 crore, growing 18% from ₹226 crore previously. PAT attributable to equity shareholders came to ₹178 crore, up 17% from ₹152 crore in H1 FY25. Earnings per share for the half year were ₹3.71, up 17% YoY.

Read More: RITES and DGNP-Mumbai Collaborate for Consultancy Services!

Segment-wise Performance Analysis

Consultancy Domestic segment led revenues with ₹313 crore in Q2 FY26, contributing segment profit of ₹123 crore. Turnkey Construction Projects recorded revenue of ₹113 crore with profit of ₹1.25 crore. The Export Sale segment delivered revenue of ₹61 crore with a profit of ₹6.28 crore during the quarter.

The Leasing Domestic segment reported revenue of ₹43 crore with profit of ₹13 crore. Consultancy Abroad recorded revenue of ₹14 crore with segment profit of ₹2.27 crore. The Power Generation segment contributed revenue of ₹5 crore with a profit of ₹0.81 crore.

Dividend Declaration

The Board of Directors declared a 2nd interim dividend of ₹2.00 per equity share (face value of ₹10 per share) for FY 2026. The record date for dividend payment is set as November 15, 2025, with payment on or before December 6, 2025.

Balance Sheet and Liquidity Position

Consolidated total assets stood at ₹6,065 crore as of September 30, 2025, down from ₹6,119 crore as of March 31, 2025. Current assets totalled ₹4,553 crore, while total equity reached ₹2,746 crore. Cash and bank balances improved to ₹649 crore from ₹688 crore previously.

RITES Share Price Performance

On November 11, 2025, RITES share price opened at ₹243.99 on NSE, above the previous close of ₹243.07. During the day, it surged to ₹253.00 and dipped to ₹239.95. The stock is trading at ₹248.57 as of 2:53 PM. The stock registered a significant gain of 2.26%.

Over the past week, it has moved up by 0.20%, over the past month, it has declined by 1.42%, and over the past 3 months, it has moved up by 0.80%.

Conclusion

RITES Limited demonstrated exceptional consolidated performance in Q2 and H1 FY26 with PAT growing 35% YoY despite modest revenue growth, driven by superior operational efficiency, margin expansion and strong contributions from consultancy and leasing segments, positioning the company for sustained profitability.

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