RITES has recently strengthened its infrastructure

RITES has recently strengthened its infrastructure and consultancy pipeline, with the company signing an MoU with NHIDCL on 23 September 2026 to provide consultancy and technical support for highway, tunnel and other infrastructure projects, including DPR preparation, engineering, quality monitoring and technical audits. On 22 September, RITES also disclosed an update regarding a major order secured from South Central Railway, while on 25 September it announced the initiation of the closure process for its wholly owned RITES (Afrika) Proprietary Limited. The company has also been expanding internationally, including a South Africa branch office and a US$35.82 million locomotive supply and commissioning order from Volantis Asset Finance. Operationally, RITES reported a record ₹9,445 crore order book as of June 30, 2026, 128 new orders worth about ₹670 crore in Q1 FY27, and management has indicated a target of around ₹10,000 crore order book by FY27-end; Q1 FY27 consolidated revenue was reported at ₹532.2 crore by market sources, while the company's own release reports revenue of ₹561 crore and PAT of ₹98 crore, along with a ₹1.40/share interim dividend. The Ministry of Railways has also approved Rahul Mithal's continuation as CMD until June 30, 2027, subject to the stated conditions. Overall, the latest disclosures are centred on new infrastructure orders, consultancy expansion, international business, order-book growth and management continuity, while investors should separately track upcoming financial results and subsequent exchange filings for fresh earnings-related developments.