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RITES Ltd, the government-owned engineering consultancy and infrastructure firm, reported a year-on-year increase in consolidated profit after tax for the third quarter of FY26, supported by modest revenue growth and a stronger order book. The company posted a consolidated profit after tax of INR 115 crore for the quarter ended December 31, 2025, reflecting a marginal rise compared with the year-ago period. Operating revenue increased slightly over the same period as consultancy and export segments contributed to growth. Earnings before interest, tax, depreciation and amortisation (EBITDA) also rose, with improved margins. RITES board declared an interim dividend for shareholders. The firm secured a significant number of new orders during the quarter, boosting its order book value. For the nine months to December 2025, consolidated profit and revenue also recorded year-on-year increases.
RITES Ltd, a Navratna public sector enterprise under the Ministry of Railways, posted a year-on-year increase in profit after tax (PAT) for the third quarter of FY26, supported by steady revenue growth across its segments, the company said in its financial results. For the quarter ended December 31, 2025 (Q3 FY26), RITES reported a consolidated PAT of INR 115 crore, marking a rise compared with the same quarter in the previous fiscal year. Advertisement
Total consolidated operating revenue for the quarter was modestly higher year-on-year, driven by improved performance in consultancy, turnkey and export divisions. The company recorded revenue close to INR 609 crore from operations, with total revenue from all sources reaching approximately INR 635 crore during the period under review.
Earnings before interest, tax, depreciation and amortisation (EBITDA) increased by a double-digit percentage, with improved margins indicating better operational efficiencies. The EBITDA margin expanded compared with the prior year's quarter, contributing to overall profitability. RITES PAT margin also remained healthy at around the same level as the previous period, underscoring stable financial performance amid evolving market conditions.
During the quarter, the firm secured over 140 new orders, including extensions of existing contracts, amounting to more than INR 1,140 crore in fresh business. This strengthened the company's order book, which reached a record high of approximately INR 9,262 crore as of the end of Q3 FY26, reflecting strong client demand and sustained project acquisition momentum.
The board of directors approved a third interim dividend of INR 1.90 per equity share for the financial year 2025-26, with a record date set for the first half of February and payment scheduled for early March, signalling a shareholder return consistent with the company's dividend policy.
For the nine months ending December 31, 2025, RITES reported consolidated PAT of around INR 315 crore, up from the comparable period last year, while total revenue for the nine months showed an increase as well. The growth for the nine-month period reflected the firm's diversified business model and execution across various consultancy, project delivery and export engagements.
Industry analysts have noted that RITES performance, characterised by steady profit growth and an expanding order book, highlights its resilience and ability to secure contracts in domestic and international markets. The company's offerings cover a wide range of transport and infrastructure sectors, including railways, highways, urban infrastructure, airports and ports, which helps it maintain diversified revenue streams amid cyclical industry conditions.
RITES financial results for Q3 FY26 indicate measured progress in its strategic goals, with a focus on enhancing consultancy services and expanding its project portfolio to sustain long-term growth.
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