RITES declares interim dividend of 75% amounting to ₹7.5 per share
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 ₹7.5 per share on face value of ₹10 each amounting to ₹180 crore (at the rate of 75% of paid-up capital). The thi
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 ₹7.5 per share on face value of ₹10 each amounting to ₹180 crore (at the rate of 75% of paid-up capital). The third interim dividend brings the company’s total dividend for FY22 so far, to ₹13.5 per share amounting to ₹324 crore (at the rate of 135% of paid-up capital). Standalone revenue of the company for the nine months of FY22 (9MFY22) has been ₹1896 crore and profit after tax has been ₹367 crore. The record date for the purpose of payment of dividend is March 25, 2022.
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