Shares of RITES Ltd., the state-run railway company, fell on Wednesday, August 6, after the company declared its June quarter results, which were slightly higher on a year-on-year basis on most parameters.Revenue for the quarter rose marginally by 0.8% from last year to ₹489.7 crore. The company had reported a topline of ₹485.8 crore in the base quarter.
Net profit for the period also rose slightly by 0.7% year-on-year to ₹91 crore.Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) for RITES surged 7.8% on a year-on-year basis to ₹114 crore, while margins expanded by 150 basis points from last year to 23.3%.
The company also declared its first interim dividend for financial year 2025-26, which was ₹1.30 per share. Record date for the dividend payout has been fixed as August 12, 2025.
Shares of RITES ended 0.91% lower at ₹255.50. The stock is down 14% so far in 2025.
