Construction & Engineering company Rites announced Q1FY27 results Consolidated Financial Highlights: Revenue from Operations: The company reported revenue of Rs 532.20 crore for Q1FY27, reflecting a YoY growth of 8.68% from Rs 489.70 crore in Q1FY26. On a QoQ basis, revenue declined by 30.73% compared to Rs 768.26 crore in Q4FY26. Total Income: For Q1FY27, total income stood at Rs 560.68 crore, an increase of 9.58% YoY from Rs 511.68 crore in Q1FY26. It saw a QoQ decrease of 29.85% from Rs 799.21 crore in Q4FY26. Profit Before Tax (PBT): Consolidated PBT was Rs 130.56 crore in Q1FY27, representing a YoY increase of 7.38% from Rs 121.59 crore in Q1FY26. On a QoQ basis, PBT declined by 29.71% from Rs 185.75 crore in Q4FY26. Profit After Tax (PAT): The company achieved a PAT of Rs 97.78 crore in Q1FY27, marking a YoY growth of 7.58% from Rs 90.89 crore in Q1FY26. QoQ, PAT decreased by 29.83% from Rs 139.35 crore in Q4FY26. Total Comprehensive Income: Total comprehensive income for Q1FY27 was Rs 99.80 crore, up 9.13% YoY from Rs 91.45 crore in Q1FY26, but down 29.58% QoQ from Rs 141.73 crore in Q4FY26. Earnings Per Share (EPS): Basic and diluted EPS for Q1FY27 was Rs 1.81, compared to Rs 1.67 in Q1FY26 and Rs 2.70 in Q4FY26. Standalone Financial Highlights: Revenue from Operations: Standalone revenue for Q1FY27 stood at Rs 497.99 crore, showing a YoY growth of 9.28% from Rs 455.69 crore in Q1FY26. QoQ, revenue decreased by 32.44% from Rs 737.08 crore in Q4FY26. Total Income: Total income for Q1FY27 was Rs 524.75 crore, up 10.27% YoY from Rs 475.87 crore in Q1FY26. On a QoQ basis, it fell by 33.22% from Rs 785.81 crore in Q4FY26. Profit After Tax (PAT): Standalone PAT for Q1FY27 was Rs 71.80 crore, recording a YoY growth of 7.73% compared to Rs 66.65 crore in Q1FY26. QoQ, profit saw a decline of 47.31% from Rs 136.28 crore in Q4FY26. Total Comprehensive Income: Standalone total comprehensive income for Q1FY27 was Rs 73.74 crore, showing a YoY increase of 9.88% from Rs 67.11 crore in Q1FY26 and a QoQ decline of 46.82% from Rs 138.67 crore in Q4FY26. Business Highlights: Segment-wise Performance: Consultancy - Domestic: Rs 284.00 crore Consultancy - Abroad: Rs 16.00 crore Export Sale: Rs 1.03 crore Leasing - Domestic: Rs 48.73 crore Turnkey Construction Projects: Rs 176.40 crore Power Generation: Rs 6.04 crore Dividend Declaration: The Board of Directors declared the 1st interim dividend for FY27 at the rate of Rs 1.40 per share (14% of paid-up share capital). The record date for the same is fixed as August 10, 2026. Joint Venture Liquidation: The company's joint venture, Indian Railway Stations Development Corporation Limited (IRSDC), is under voluntary liquidation. The net worth of IRSDC as of June 30, 2026, was Rs 251.01 crore, with the company's 24% share amounting to Rs 60.24 crore. The company received an interim payment of Rs 47.04 crore on July 30, 2026, towards the winding up. Investment Write-off: The company's associate, MMO - Metro Management Group Ltd. (Israel), was struck off from the Register of Companies on April 11, 2026. Consequently, the company has written off the investment, which had been fully impaired in earlier years, resulting in no impact on the profit and loss statement for Q1FY27. Segment Profitability (Consolidated): The Consultancy - Domestic segment contributed the highest profit before interest and tax at Rs 109.76 crore for Q1FY27, followed by Leasing - Domestic at Rs 18.55 crore and Consultancy - Abroad at Rs 2.36 crore. Consolidated Entities: The results for Q1FY27 include two subsidiary companies (REMC Limited and RITES (Afrika) (Pty) Limited) and two jointly controlled entities (SAIL-RITES Bengal Wagon Industry Private Limited and IRSDC). Performance of the associate Elicius Energy Private Limited was not considered as it was not material. Result PDF