RITES declares interim dividend of Rs 7.5 per share


Team News Riveting

Gurugram, March 14

The Board of Directors of RITES Ltd, a leading Infrastructure Consultancy and Engineering company, at its meeting held today, has declared the third interim dividend Rs 7.5 per share on face value of Rs 10 each amounting to Rs 180 crore (at the rate of 75 per cent of paid-up capital).

The third interim dividend brings the company’s total dividend for FY22 so far, to Rs 13.5 per share
amounting to Rs 324 crore (at the rate of 135 per cent of paid-up capital).

Standalone revenue of the company for the nine months of FY22 (QMFY22) has been Rs 1896 crore
and profit after tax has been Rs 367 crore.

The record date for the purpose of payment of dividend is March 25, 2022.

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