RITES Q4 Results, May 14 -- Navratna public sector undertaking, RITES Limited on Wednesday, May 14, posted a 5% increase in consolidated profit of Rs.132.71 crore for the quarter ended March 31 of the financial year 2024-25 (FY25). The profit figure stood at Rs.126.10 crore in the corresponding quarter last fiscal.

Its revenue from operations dipped over 4% to Rs.615 crore in the quarter under review, compared with Rs.643 crore posted in the same period a year-ago.

The railway company's board also recommended a final dividend, along with the Q4 results. The PSU firm declared a dividend of Rs.2.65 per share (i.e. 26.50%) on equity shares of face value of Rs.10 for the financial year 2024-25.

The dividend payment is subject to approval b...