On August 4, 2026, RITES Limited released its consolidated unaudited financial results for the quarter ending June 30, 2026, as per the exchange filings.
The company reported a total income of ₹560.68 crore and net profit of ₹97.78 crore for the quarter ending June 30, 2026.
In the June 2026 quarter, RITES Limited's total income rose to ₹560.68 crore, representing a 9.6% YoY increase from ₹511.68 crore in the same quarter of the previous year.
Despite this YoY growth, the total income decreased by 29.8% compared to the March 2026 quarter, which recorded ₹799.21 crore.
The company's net profit (PAT) for the June 2026 quarter increased by 7.6% YoY, amounting to ₹97.78 crore, up from ₹90.89 crore in the corresponding quarter of the previous year.
However, this figure represents a 29.8% decline from the net profit of ₹139.35 crore reported in the March 2026 quarter.
For the fiscal year 2026, RITES Limited's total income stood at ₹2,524.57 crore. The net profit for the same period was ₹454.44 crore, reflecting the company's overall financial performance for the year.
An analysis of the group's consolidated operational engines highlights that domestic consultancy remains the primary driver of corporate profitability.
The domestic consultancy segment generated the largest revenue chunk at ₹284.00 crore, followed closely by turnkey construction projects at ₹176.40 crore, domestic leasing at ₹48.73 crore, international consultancy at ₹16.00 crore, power generation at ₹6.04 crore, and export sales at ₹1.03 crore.
In terms of immediate segment results before unallocable costs, domestic consultancy yielded a profit of ₹109.76 crore, domestic leasing added ₹18.55 crore, international consultancy contributed ₹2.36 crore, turnkey projects brought in ₹2.41 crore, power generation generated ₹1.34 crore, and export sales posted a modest ₹0.38 crore profit.
The financial notes explicitly outlined important developments regarding the company's long-term investment architecture.
One of the company’s joint ventures, Indian Railway Stations Development Corporation Limited (IRSDC), in which RITES holds a 24% stake via an investment of ₹48.00 crore, is currently undergoing voluntary liquidation.
As of June 30, 2026, the net worth of IRSDC stood at ₹251.01 crore, making the company's share worth ₹60.24 crore; consequently, management perceives no carrying value impairment.
Furthermore, RITES received an interim share capital payout of ₹47.04 crore from the liquidator on July 30, 2026.
Separately, the firm wrote off its fully impaired investment in its Israeli associate, MMG - Metro Management Group Ltd., following its official removal from the Israel Register of Companies on April 11, 2026, resulting in no financial impact on the quarter's profit and loss account.
Read More: Hero MotoCorp Share Price in Focus; Appoints Anuj Dua as Chief Business Officer for Premium Segment!
As of August 04, 2026, at 2:34 PM, RITES share price on NSE was trading at ₹215.66, down by 1.66% from the previous closing price.
RITES Limited reported a 9.6% YoY increase in total income to ₹560.68 crore for the June 2026 quarter, with a net profit rise of 7.6% YoY to ₹97.78 crore. The fiscal year 2026 total income was ₹2,524.57 crore, and net profit was ₹454.44 crore.
Read stock market news in Hindi. Head to Angel One's share market news in Hindi for comprehensive coverage.
Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or 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.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Aug 4, 2026, 3:40 PM IST
Team Angel One
We're Live on WhatsApp! Join our channel for market insights & updates
Get the link to download the App
