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Rites declares 2nd interim dividend of Rs 4 per share


The record date for the dividend is set on 20 March 2021.The board of Rites, an infrastructure consultancy and engineering company, has declared a second interim dividend of Rs 4 per share on the share with face value of Rs 10 each. The record date for the purpose of payment of dividend is 20 March 2021.
The second interim dividend brings the company s total dividend for FY21 so far, to Rs 9 per share, amounting to Rs 216.27 crore.
Further, the company informed that its standalone revenue for the nine months of FY21 has been Rs 1,315 crore and profit after tax has been Rs 290 crore.
Meanwhile, the company said it has commenced the export shipments to Sri Lanka and Mozambique. The 10 railway passenger coaches has been successfully delivered to Sri Lanka and first shipment of two 3,000 HP Cape Gauge AC-AC locomotives has been flagged off to Mozambique, it added in a statement issued after market hours yesterday, 12 March 2021. ....

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RITES declares second interim dividend of Rs 4 per share


RITES declares second interim dividend of Rs 4 per share
ANI |
Updated: Mar 13, 2021 10:36 IST
Gurugram (Haryana) [India], Mar 13 (ANI): Government-owned railway infrastructure consultancyRITES Ltd has announced second interim dividend of Rs 4 per share each with a face value of Rs 10.
This brings total dividend for FY21 so far to Rs 9 per share amounting to Rs 216.27 crore. The record date for payment of dividend is March 20, the company said in a statement.
For the first nine months of current fiscal (April to December 2020), the engineering company reported a standalone revenue of Rs 1,315 crore with profit after tax at Rs 290 crore.
In another announcement, RITES said it has started export shipments to Sri Lanka and Mozambique. The 10 railway passenger coaches have been successfully delivered to Sri Lanka and first shipment of two 3000 HP cape gauge AC locomotives was recently flagged off. ....

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