SOURCE : NEW18 NEWS
Last Updated:May 14, 2025, 14:23 IST
Railway PSU shares experienced a rally of 5 per cent intraday on Wednesday to touch the day’s high at Rs 245.70 apiece.
RITES Limited declares final dividend for FY25.
RITES Q4 Results FY2024-25, RITES Share Price: RITES Limited, a Railway PSU, on Wednesday, reported that its PAT (Profit After Tax) stood at Rs 134.41 crore in Q4 FY25, up 9.2 per cent YoY from Rs 123.07 crore in Q4 FY24. The total income, however, declined marginally by 2.6 per cent YoY to Rs 622.65 crore in Q4 FY25, against Rs 639.16 crore in Q4 FY24.
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RITES Limited’s shares experienced a rally of 5 per cent intraday on Wednesday to touch the day’s high at Rs 245.70 apiece. The scrip opened flat at Rs 233.11 apiece.
RITES Limited’s EPS grew by 9.4 per cent to Rs 2.80 in Q4 FY25, from Rs 2.56 in Q4 FY24.
RITES Final Dividend 2025
Along with Q4 results, RITES Limited’s board recommended a final dividend of Rs. 2.65/- per share (i.e. 26.50%) on 48,06,03,774 equity shares of face value of Rs. 10 /- each of the Company for the financial year 2024-25, subject to approval of the same by shareholders in the ensuing 51st Annual General Meeting of the Company. Upon approval of shareholders, the dividend declared will be paid within thirty (30) days of declaration, subject to deduction of applicable Tax at Source as per the provisions of the Income Tax Act, 1961 and rules framed there under.
RITES Q4 Performance
Total income grew 5.2% to Rs 622.6 crore. Profit before tax rose sharply by 48% to Rs 181.8 crore, while profit after tax increased 41.4% to Rs 134.4 crore. EPS stood at Rs 2.80, up from Rs 1.98 in the previous quarter.
RITES Share Price History
Over the past week, the price gained Rs 20.00, a change of 8.98%, compared to a 0.47% change in Sensex and a 7.24% change in BSE Industrials. In the past two weeks, the price increased by Rs 17.50 (7.77%), with Sensex at 1.10% and BSE Industrials at 6.62%. Over the last month, the price rose by Rs 19.65 (8.81%), while Sensex and BSE Industrials saw changes of 7.94% and 13.40%, respectively. In the last three months, the price surged Rs 35.85 (17.34%), with Sensex at 6.83% and BSE Industrials at 14.53%. Year-to-date, the price decreased by Rs 52.65 (-17.83%). Over six months, there was a loss of Rs 30.30 (-11.10%), while Sensex rose by 4.57% and BSE Industrials fell by 2.31%.
Over one year, the price dropped Rs 93.38 (-27.79%). For the past two years, the price increased by Rs 40.92 (20.29%), with Sensex at 30.79% and BSE Industrials at 83.58%. Over three years, the price saw a significant rise of Rs 119.50 (97.08%). In the last five years, the price increased by Rs 126.47 (108.90%).
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- First Published:
May 14, 2025, 14:20 IST
