StockWatch
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Civil Construction
Dividend4 Aug 2026, 01:50 pm

RITES Ltd Declares ₹1.40 Interim Dividend, Sets Aug 10 Record Date

AI Summary

RITES Ltd announced its first interim dividend of ₹1.40 per share (14% of paid-up share capital) for the Financial Year 2026-27. The record date for this dividend is August 10, 2026, with payment expected by September 2, 2026. The company's Board of Directors also approved the un-audited standalone and consolidated financial results for the quarter ended June 30, 2026. Revenue from operations for the quarter stood at ₹497.99 crores, with a profit after tax of ₹71.80 crores. The company also provided updates on its investments and associate companies.

Key Highlights

  • RITES Ltd declared a first interim dividend of ₹1.40 per share.
  • Record date for the dividend is August 10, 2026.
  • Q1 FY27 revenue from operations reported at ₹497.99 crores.
  • Profit after tax for Q1 FY27 was ₹71.80 crores.
  • Dividend payment is scheduled on or before September 2, 2026.