RITES Limited, a Navratna public sector company, reported a 5% year-on-year (YoY) rise in net profit for the fourth quarter ended March 31, 2025. RITES Ltd reported a profit of ₹132.71 crore, up from ₹126.10 crore in the same quarter last year.
The company’s total revenue from operations fell by over 4% to ₹615 crore in Q4FY25, compared to ₹643 crore in the same quarter of the previous year.
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The RITES board recommended a final dividend of ₹2.65 per share (26.50%) on equity shares with a face value of ₹10 for FY25. The dividend will be paid within 30 days after the company’s shareholders' approval at the company’s upcoming 51st Annual General Meeting (AGM). It will be subject to applicable tax deductions.
RITES shares rose following the earnings announcement. The stock touched an intraday high of ₹248.90, gaining up to 6.75%. It later closed at ₹243.40, up 4.40% for the day.
Over the past year, the stock has fallen 27%, but it has delivered a 110% return over the last five years.
Despite a slight drop in revenue, RITES delivered steady profit growth in Q4FY25, backed by strong consultancy performance. With a healthy dividend and long-term returns of 110% over 5 years, the company remains a solid PSU bet, especially for income-focused investors.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
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Published on: May 14, 2025, 4:17 PM IST
Kusum Kumari
Kusum Kumari is a Content Writer with 4 years of experience in simplifying financial market concepts. Currently crafting insightful content at Angel One, She specialise in breaking down complex topics into easy-to-understand pieces, blending expertise in market fundamentals and technical analysis.
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