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RITES declares Rs 2.65/share dividend; catch details here
Written By ZeeBiz WebTeam
Published: | Updated:
PSU RITES Dividend Delcared: Navratna PSU RITES Ltd on Wednesday announced a dividend of Rs 2.65 per equity share, a 26.50 per cent payout given the face value of Rs 10 per equity share.
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The state-run firm also announced its financial results for the quarter as well as the year ended March 31, 2025.
PSU RITES Dividend Declared: Navratna PSU RITES Ltd on Wednesday announced a dividend of Rs 2.65 per equity share, a 26.50 per cent payout given the face value of Rs 10 per equity share. The state-run firm also announced its financial results for the quarter as well as the year ended March 31, 2025.
"The Board has recommended a final dividend of Rs 2.65 per share with a face value of Rs 10 for the financial year 2024-25," according to the company.
RITES Dividend Date:
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The PSU firm also informed that the dividend payment will be credited to shareholders' bank accounts within a month after approval.
"The dividend declared will be paid within thirty 30 days of declaration," the PSU company said in a regulatory filing.
RITES dividend history
Here is the summary previous approved/declared dividend by RITES:
| Ex Date | Type of dividend |
| 11-Sep-18 | Final Dividend - Rs. - 2.0000 |
| 27-Dec-18 | Interim Dividend - Rs. - 4.7500 |
| 20-Mar-19 | Interim Dividend - Rs. - 4.0000 |
| 10-Jul-19 | Final Dividend - Rs. - 4.0000 |
| 09-Jan-20 | Interim Dividend - Rs. - 6.0000 |
| 17-Feb-20 | Interim Dividend - Rs. - 4.0000 |
| 19-Aug-20 | Final Dividend - Rs. - 6.0000 |
| 08-Jan-21 | Interim Dividend - Rs. - 5.0000 |
| 18-Mar-21 | Interim Dividend - Rs. - 4.0000 |
| 18-Aug-21 | Interim Dividend - Rs. - 2.0000 |
| 20-Sep-21 | Final Dividend - Rs. - 4.0000 |
| 24-Nov-21 | Interim Dividend - Rs. - 4.0000 |
| 24-Mar-22 | Interim Dividend - Rs. - 7.5000 |
| 04-Aug-22 | Interim Dividend - Rs. - 4.0000 |
| 08-Sep-22 | Final Dividend - Rs. - 3.5000 |
| 17-Nov-22 | Interim Dividend - Rs. - 4.5000 |
| 17-Feb-23 | Interim Dividend - Rs. - 6.0000 |
| 07-Aug-23 | Interim Dividend - Rs. - 3.7500 |
| 08-Sep-23 | Final Dividend - Rs. - 6.0000 |
| 08-Nov-23 | Interim Dividend - Rs. - 4.5000 |
| 09-Feb-24 | Interim Dividend - Rs. - 4.7500 |
| 08-Aug-24 | Interim Dividend - Rs. - 2.5000 |
| 20-Sep-24 | Final Dividend - Rs. - 5.0000 |
| 14-Nov-24 | Interim Dividend - Rs. - 1.7500 |
| 31-Jan-25 | Interim Dividend - Rs. - 1.9000 |
RITES Q4 FY25 Results
During market hours, reported a 9.2 per cent year-on-year increase in its standalone net profit to Rs 134.4 crore for the quarter ended March 31. Its revenue declined 3.2 per cent to Rs 586.6 crore for the final three months of FY25.
RITES shares
The RITES stock strengthened by Rs 13, or 5.6 per cent, to end at Rs 246.2 apiece on BSE.
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