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.

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 by shareholders in the ensuing 51st Annual General Meeting of the Company.

"Upon approval of shareholders, the dividend declared will be paid within thirt...