Financial Results for the quarter ended June 30, 2026
RESULTS
▲ Positive Development
MEDIUM RISK
📅 Filed on BSE: 04 Aug 2026, 01:44 PM IST · BSE ID: cd019cda-d6cc-4a44-b6d4-1845893fbbd2
View Original BSE Filing (PDF)
💡
In Simple Terms
RITES Ltd reported its Q1 FY27 financial results, showing a net profit of ₹71.80 crore, and declared a dividend of ₹1.40 per share.
🤖 AI Summary
- Board approved unaudited standalone and consolidated financial results for the quarter ended June 30, 2026.
- Standalone Profit After Tax for Q1 FY27 stood at ₹71.80 crore, up from ₹66.65 crore YoY.
- First interim dividend of ₹1.40 per share (14% of paid-up share capital) declared for FY 2026-27.
- Record date for the interim dividend is August 10, 2026, with payment scheduled by September 02, 2026.
- Revenue from Operations for Q1 FY27 was ₹497.99 crore, compared to ₹455.69 crore in Q1 FY26.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Revenue from Operations (Q1 FY27)
497.99 ₹ in Crores
9.28
Profit After Tax (Q1 FY27)
71.80 ₹ in Crores
7.73
Basic Earnings Per Share (Q1 FY27)
1.49 ₹
7.19
Interim Dividend per share (FY27)
1.40 ₹ per share
🏢 How This Affects the Company
Revenue from Operations increased to ₹497.99 crore in Q1 FY27 from ₹455.69 crore in Q1 FY26, indicating continued business activity across its segments.
Profit After Tax rose to ₹71.80 crore in Q1 FY27 from ₹66.65 crore in Q1 FY26, contributing to earnings and supporting the declared interim dividend.
The ongoing voluntary liquidation of the joint venture IRSDC (investment of ₹48.00 crore) and the write-off of associate MMG (fully impaired in prior years) are noted, with management perceiving no impairment to RITES' investment in IRSDC.
👥 What This Means For Shareholders
✅
Action Required
Shareholders wishing to receive the interim dividend must ensure their shares are held in their demat account by the record date of August 10, 2026.
👤
Who Is Affected
Shareholders of RITES Ltd will receive ₹1.40 per share as interim dividend for FY27. All shareholders holding shares by August 10, 2026, are affected.
🔍
Management Signal
The declaration of an interim dividend signals management's confidence in the company's financial performance and cash flow generation.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Q2 FY27 financial results for continuity of revenue and profit growth.
Status updates on the voluntary liquidation process of Indian Railway Stations Development Corporation Limited.
Any announcement regarding the appointment of additional Independent Directors to meet regulatory requirements.
MEDIUM RISK
The non-compliance with Independent Director requirements and ongoing JV liquidation present a medium risk.
💡 Investor Takeaway
RITES Ltd reported standalone Profit After Tax of ₹71.80 crore for Q1 FY27, an increase from ₹66.65 crore in Q1 FY26. Revenue from Operations grew to ₹497.99 crore from ₹455.69 crore YoY. A first interim dividend of ₹1.40 per share for FY27 was declared, with a record date of August 10, 2026.
⚖️ Strengths & Concerns
✅ Positives
- Standalone Profit After Tax increased to ₹71.80 crore in Q1 FY27 from ₹66.65 crore in Q1 FY26, demonstrating profit growth.
- Revenue from Operations grew to ₹497.99 crore in Q1 FY27 from ₹455.69 crore in Q1 FY26, indicating revenue expansion.
⚠️ Concerns
- MMG – Metro Management Group Ltd. (Israel), an Associate, was struck off, necessitating a write-off of investment along with related impairment provision.
- The company does not have the requisite number of Independent Directors as required under the provisions of the Companies Act, 2013 and Regulation 18(1).
📅 Company Track Record
RITES Ltd reported Q1 FY27 standalone net profit of ₹71.80 crore. In the previous fiscal year, Q1 FY26 standalone net profit was ₹66.65 crore. The company also declared a ₹1.40 per share dividend for FY27, building on its history of dividend declarations.
Based on publicly available historical data. For context only.
❓ Frequently Asked Questions
What was RITES Ltd's standalone net profit for Q1 FY27?
RITES Ltd reported a standalone net profit (Profit After Tax) of ₹71.80 crore for the quarter ended June 30, 2026 (Q1 FY27).
What interim dividend did RITES Ltd declare for FY27?
RITES Ltd declared a first interim dividend of ₹1.40 per share for the Financial Year 2026-27, which represents 14% of the paid-up share capital.
What is the record date for RITES Ltd's FY27 interim dividend?
The record date set for the purpose of payment of the first interim dividend for Financial Year 2026-27 is Monday, August 10, 2026.
What was RITES Ltd's Revenue from Operations in Q1 FY27?
RITES Ltd's Revenue from Operations for the quarter ended June 30, 2026 (Q1 FY27) was ₹497.99 crore.
Has RITES Ltd received any payment from the IRSDC liquidation?
Yes, RITES Ltd received an interim payment of ₹47.04 crore on July 30, 2026, on account of the voluntary winding up of its joint venture, IRSDC.
Questions based on this BSE filing only. For information purposes.