Navratna PSU Stock Dividend: This Railway company announces cash reward—Record date fixed

Navratna PSU Stock Dividend: RITES Limited, a Navratna PSU under the Ministry of Railways, on Tuesday announced a second interim dividend for FY2025-26, along with its September quarter results.

RITES share price

RITES shares were trading 1.87 per cent higher at Rs 247.65 on the NSE around 3:25 PM, following the dividend and earnings announcement. The firm has a market capitalization of over Rs 11,900 crore.

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RITES Limited, part of the BSE 500 index, is a leading multi-disciplinary engineering and consultancy company serving the transport infrastructure sector.

RITES Interim dividend and record date

In an exchange filing, the railway consultancy firm said its board has declared a second interim dividend of Rs 2 per share, or 20 per cent on the face value of Rs 10 each. The company added that the record date to determine eligible shareholders has been fixed as Saturday, November 15, 2025.

This marks the second interim payout by RITES for the current financial year. The company said the dividend will be paid to shareholders whose names appear on the company’s register as on the record date.

RITES Q2 FY2026 performance

For the quarter ended September 2025, RITES reported a 34 per cent year-on-year increase in its consolidated net profit to Rs 98 crore in Q2 FY2026, compared to Rs 73 crore in the same period last year.

The PSU’s revenue from operations rose 1.48 per cent YoY to Rs 549 crore during the quarter under review, compared to Rs 541 crore in the September quarter of FY2025.

At the operational level, earnings before interest, tax, depreciation and amortisation (EBITDA) stood at Rs 130 crore, up 22 per cent from Rs 106 crore a year ago. The EBITDA margin expanded to 23.64 per cent in Q2 FY2026 from 19.67 per cent in the corresponding quarter last year.