RITES Limited, a leading transport infrastructure consultancy and engineering company, held its 51st Annual General Meeting (AGM) through video conferencing and Other Audio Video Means (OAVM).

During the AGM, shareholders approved all resolutions, including the adoption of audited financial statements and the declaration of a final dividend of Rs 2.65 per share for FY2024-25. This comes in addition to three interim dividends totaling Rs 4.90 per share already paid during the year. With a total dividend of Rs 363 crore (Rs 7.55 per share) for FY2024-25, RITES achieved a dividend payout ratio of 95.4% of earnings. The record date for the final dividend payout is September 17, 2025.

For FY25, the company reported consolidated revenue of Rs 2,324 crore, compared to Rs 2,539 crore in FY24. Operating revenue (excluding other income) stood at Rs 2,218 crore, down from Rs 2,453 crore in FY24. Despite headwinds, RITES posted a Profit After Tax (PAT) of Rs 424 crore in FY25, compared to Rs 495 crore in FY24.

Consultancy remained the largest revenue contributor at Rs 1,133 crore, while the turnkey and leasing segments recorded Rs 797 crore and Rs 150 crore, respectively.

Addressing shareholders, Chairman and Managing Director Rahul Mithal said, “FY2025 was not just a year of challenges—it was a year to reset, rebuild and reaffirm our position in a rapidly evolving infrastructure landscape. Our journey ahead is about more than providing solutions—it’s about asking the questions that create lasting impact. We don’t just shape infrastructure — we shape what shapes lives.”