{"id":179631,"date":"2026-02-05T07:15:21","date_gmt":"2026-02-05T12:15:21","guid":{"rendered":"https:\/\/alphastreet.com\/india\/?p=179631"},"modified":"2026-02-05T07:15:24","modified_gmt":"2026-02-05T12:15:24","slug":"rites-q3-fy26-earnings-results","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/rites-q3-fy26-earnings-results\/","title":{"rendered":"Rites Q3 FY26 Earnings Results"},"content":{"rendered":"\n<p>Established in 1974, RITES Limited is a public sector enterprise and a leading player in the transport consultancy and engineering sector in India, having diversified services and geographical reach. The company is the only export arm of Indian Railways for providing rolling stock overseas (other than Thailand, Malaysia and Indonesia).<\/p>\n\n\n\n<div style=\"height:32px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Q3 FY26 Earnings Results<\/strong><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Revenue from Operations:<\/strong> \u20b9608.6 cr, +3.4% YoY vs \u20b9614 cr in Q3 FY25 (moderate growth reflecting steady project execution). <\/li>\n\n\n\n<li><strong>EBITDA:<\/strong> \u20b9145 cr, +18.6% YoY; <strong>EBITDA Margin:<\/strong> 23.9% vs 21.3% in Q3 FY25, margin expansion on cost efficiencies. <\/li>\n\n\n\n<li><strong>PBT:<\/strong> \u20b9154 cr, +7% YoY (growth on improved revenue + better profitability mix). <\/li>\n\n\n\n<li><strong>PAT:<\/strong> \u20b9115.10 cr, +5.2% YoY depending on source context (press releases cite +21% YoY growth in net profit). <\/li>\n\n\n\n<li><strong>Other key metrics:<\/strong> <strong>9M FY26 consolidated revenue:<\/strong> \u20b91,726 cr, +2.4% YoY; <strong>9M EBITDA:<\/strong> \u20b9396 cr, +17.2% YoY; <strong>9M PAT:<\/strong> \u20b9315 cr, +11.6% YoY, showing consistent cumulative expansion. <\/li>\n<\/ul>\n\n\n\n<div style=\"height:35px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Management Commentary &amp; Strategic Decisions<\/strong><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Operational execution:<\/strong> Management <a href=\"https:\/\/www.bseindia.com\/xml-data\/corpfiling\/AttachLive\/ce588b7f-67d0-4c02-909f-a83b72e9842f.pdf\" target=\"_blank\" rel=\"noopener\">emphasised improved operational performance<\/a> with higher profitability across key segments notably consultancy, leasing, and exports driving margin expansion.<\/li>\n\n\n\n<li><strong>Dividend:<\/strong> Board approved a third interim dividend of \u20b91.90 per share (record date 10 Feb 2026), reflecting confidence in cash flows and shareholder returns. <\/li>\n\n\n\n<li><strong>Order book strength:<\/strong> RITES secured 140+ new orders during Q3 with an order book of \u20b99,262 cr, maintaining execution momentum. <\/li>\n\n\n\n<li><strong>Strategic focus:<\/strong> Leadership continues to push project diversification, export growth and quality\/consultancy services, highlighting diversified revenue mix and profitability improvement.<\/li>\n<\/ul>\n\n\n\n<div style=\"height:32px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Q2 FY26 Earnings Result<\/strong>s<\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Revenue from Operations:<\/strong> \u20b9579.0 cr, +3.0% YoY, +12% QoQ, growth led by consultancy and export wins. <\/li>\n\n\n\n<li><strong>EBITDA:<\/strong> \u20b9134 cr, +24.7% YoY; <strong>EBITDA Margin:<\/strong> 24.4%, strong margin expansion. <\/li>\n\n\n\n<li><strong>PAT:<\/strong> \u20b9109 cr, +32% YoY \/ +20% QoQ; <strong>PAT Margin:<\/strong> 18.8%. <\/li>\n\n\n\n<li><strong>Other key metrics:<\/strong> <strong>Order book:<\/strong> highest ever \u20b99,090 cr with 150+ orders; Consultancy segment led revenues. <\/li>\n<\/ul>\n\n\n\n<div style=\"height:35px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Management Commentary Q2<\/strong><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li>CMD Rahul Mithal stated that steady revenue growth and improved profitability reaffirm commitment to annual targets, underpinned by strong order wins and execution discipline. <\/li>\n\n\n\n<li>Commentary highlighted sequential improvement across segments, notable margin gains, and strong order inflows\/revenue visibility. Management also reiterated focus on quick, cost-efficient project delivery.<\/li>\n<\/ul>\n\n\n\n<p>To view the company\u2019s previous earnings and latest concall transcripts,&nbsp;<a href=\"https:\/\/alphastreet.com\/india\/\">click here<\/a>&nbsp; to visit the Alphastreet India news channel.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Established in 1974, RITES Limited is a public sector enterprise and a leading player in the transport consultancy and engineering sector in India, having diversified services and geographical reach. The company is the only export arm of Indian Railways for providing rolling stock overseas (other than Thailand, Malaysia and Indonesia). Q3 FY26 Earnings Results Management [&hellip;]<\/p>\n","protected":false},"author":1863,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[105,5753],"tags":[12459],"class_list":["post-179631","post","type-post","status-publish","format-standard","hentry","category-infographics","category-industrials","tag-transport-consultancy"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":171208,"url":"https:\/\/alphastreet.com\/india\/rites-q1-fy26-earnings-results\/","url_meta":{"origin":179631,"position":0},"title":"Rites Q1 FY26 Earnings Results","author":"Chirag Gupta","date":"September 12, 2025","format":false,"excerpt":"Established in 1974, RITES Limited is a public sector enterprise and a leading player in the transport consultancy and engineering sector in India, having diversified services and geographical reach. The company is the only export arm of Indian Railways for providing rolling stock overseas (other than Thailand, Malaysia and Indonesia).\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"Rites Q1 FY26 Earnings Results","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/09\/3-8.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/09\/3-8.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/09\/3-8.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/09\/3-8.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/09\/3-8.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/09\/3-8.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":179338,"url":"https:\/\/alphastreet.com\/india\/pb-fintech-q3-fy26-earnings-results\/","url_meta":{"origin":179631,"position":1},"title":"PB Fintech Q3 FY26 Earnings Results","author":"Chirag Gupta","date":"February 3, 2026","format":false,"excerpt":"PB Fintech Ltd, popularly known as\u00a0Policy Bazar\u00a0is India\u2019s largest online platform for insurance and lending products through its flagship brands - Policybazaar and Paisabazaar platform through which they provide convenient access to insurance, credit and other financial products. Q3 FY26 Earnings Results Revenue from Operations: \u20b91,771 cr, +37% YoY vs\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/image-34.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/image-34.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/image-34.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/image-34.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/image-34.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/image-34.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":179802,"url":"https:\/\/alphastreet.com\/india\/shree-renuka-sugars-q3-fy26-earnings-results\/","url_meta":{"origin":179631,"position":2},"title":"Shree Renuka Sugars Q3 FY26 Earnings Results","author":"Chirag Gupta","date":"February 6, 2026","format":false,"excerpt":"Incorporated in 1995, Shree Renuka Sugars Ltd does manufacturing and refining of sugar, ethyl alcohol, ethanol, generation and sale of power. 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EBITDA: \u20b943 cr, +22% YoY; EBITDA Margin:\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":179335,"url":"https:\/\/alphastreet.com\/india\/veedol-q3-fy26-earnings-results\/","url_meta":{"origin":179631,"position":4},"title":"Veedol Q3 FY26 Earnings Results","author":"Chirag Gupta","date":"February 3, 2026","format":false,"excerpt":"Veedol (Tide Water Oil Co. Ltd.) is a leading manufacturer and marketer of lubricants in over 65 countries around the globe. In India, it has been catering to both automotive and industrial segments since 1928 under the brand \u201cVeedol''. 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It is a\u00a0\"Navratna\"\u00a0PSU of the Government of India. At present, RailTel's network passes through around 6,000 stations across the\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/179631","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/users\/1863"}],"replies":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/comments?post=179631"}],"version-history":[{"count":1,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/179631\/revisions"}],"predecessor-version":[{"id":179632,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/179631\/revisions\/179632"}],"wp:attachment":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media?parent=179631"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/categories?post=179631"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/tags?post=179631"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}