Rites Ltd Share Price – NSE /  BSE

Miscellaneous, Small Cap

The scope of work includes consultancy services as Project Management Consultant (PMC) for the construction of the bridge along with approach roads connecting Kachuberia on Sagar Island with Kakdwip in the South 24 Parganas district.

Under the contract, RITES will undertake design and construction supervision as the Authority Engineer for the project. The order has been awarded by a domestic entity and is scheduled to be executed over a period of 48 months.

The transaction is between the Government of West Bengal and the government-owned company. The company said the promoter, promoter group, or group companies do not have any interest in the awarding entity.

Separately, RITES said that it has received revised estimates from South Western Railway for railway electrification work of the Mysuru?Hassan?Mangaluru project, including the Hassan?Arsikere section.

The work has been awarded on a cost-plus turnkey basis and pertains to the electrification of the Mysuru?Hassan?Mangaluru line, including the Hassan?Arsikere section. The revised project cost for the order stands at Rs 729.28 crore, excluding GST, including RITES fees.

RITES is a Navratna Public Sector Enterprise and a leading player in the transport consultancy and engineering sector in India, having diversified services and geographical reach. The company has an experience spanning 50 years and has undertaken projects in over 55 countries in Asia, Africa, Latin America, South America, and the Middle East region. As of September, the Government of India held 72.20% in the company.

The company reported a 5.2% rise in consolidated net profit to Rs 115.10 crore on a 5.7% increase in revenue from operations to Rs 608.59 crore in Q3 FY26 as compared with Q3 FY25.

Shares of RITES fell 3.56% to Rs 199 on the BSE.

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Rites has received work order valued at Rs 45.18 crore from Public Works (Roads) Directorate, Government of West Bengal for consultancy services as Project Management Consultant in connection with ?Construction of a proposed 4 lane extra dosed bridge over river Muriganga including approaches connecting Kachuberia (Sagar Island) with Kakdwip in the district of South 24 Parganas?.

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Rites has fixed 10 February 2026 as record date for purpose of 3rd interim dividend of Rs 1.90 per share for FY 2025-26. The dividend will be paid on or before 05 March 2026.

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Net profit of Rites rose 1.90% to Rs 101.99 crore in the quarter ended December 2025 as against Rs 100.09 crore during the previous quarter ended December 2024. Sales rose 5.70% to Rs 608.59 crore in the quarter ended December 2025 as against Rs 575.76 crore during the previous quarter ended December 2024.

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