RITES Expands Global Presence with Etihad Rail Partnership

has signed an MoU with Etihad Rail and its subsidiary NICC LLC to strengthen collaboration in the UAE mobility sector, leveraging RITES’ 50 years of consultancy and transport expertise alongside NICC’s execution strength for regional infrastructure projects. On the financial front, Q1 results showed stable growth with revenue up 0.8% YoY at ₹489.7 crore and net profit rising 0.7% to ₹91 crore. EBITDA grew 7.8% YoY to ₹114 crore, with margins improving 150 bps to 23.3%. The company also announced its first interim dividend for FY26 at ₹1.30 per share, with the record date set as August 12, 2025. Disclaimer: This post is for informational purposes only and not a recommendation to buy or sell any securities. I, or my family, associates, or relatives, may have a financial interest in the securities mentioned.