Share News: 1 for 1 bonus given in September- quarterly results came and shares crashed, still dividend given

The company's stock continues to fall. The stock has fallen 1 percent in a week, 8 percent in a month and 15 percent in three months.

RITES has announced its quarterly results. On an annual basis, the profit has fallen in the July-September quarter of the financial year 2024-25 as compared to the July-September quarter of the financial year 2023-24. The profit has come down from Rs 110 crore to Rs 83 crore.

On an annual basis, i.e. in comparison to the July-September quarter of the financial year 2023-24, the income has fallen in the July-September quarter of the financial year 2024-25. The income has come down from Rs 582 crore to Rs 541 crore.

The company has given a dividend of Rs 1.5 per share. November 14 is the record date. Whereas, in September the company had given a dividend of Rs 5 per share.

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