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RITES targets ₹10,000 crore order book by FY26, eyes private sector growth

RITES ended FY25 with ₹8,800 crore in orders and aims for ₹10,000 crore by FY26, focusing on execution, private sector projects, and exports to West Asia and Latin America

Rahul Mithal, Chairman & MD, RITES
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Rahul Mithal, Chairman & MD, RITES

Dhruvaksh Saha New Delhi

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Public sector infrastructure consultancy RITES Ltd, which saw flat profit during the April-June quarter at ₹91 crore, is looking to achieve a ₹10,000-crore order book by the end of this financial year (FY26). It is broadening its scope of work and eyeing more big-ticket orders.
 
“We ended last financial year with our highest-ever order book of ₹8,800 crore. Around ₹3,500 crore of this is a very young order book — from the last two quarters. As construction work on projects starts in a few months, that is when the revenue will start coming in. In a nutshell, our focus is