ITD Cementation Bags Rs 9.6 Bn Orders in Airports, Realty

26 Jun 2025 CW Team

Engineering and construction specialist ITD Cementation India has won two new orders worth about Rs 9.6 billion (exclusive of GST). One package covers a series of works at Trivandrum International Airport in Kerala, while the other involves building a multi-storey commercial complex in Kolkata, West Bengal. The company has not disclosed the clients or execution timelines.

The fresh awards arrive on the back of a strong fourth quarter. For the three months to 31 March, ITD Cementation’s net profit climbed 27 per cent year on year to Rs 1.14 billion. Revenue advanced nearly 10 per cent to Rs 24.79 billion, supported by steady progress on key projects. Operating profit improved to Rs 2.60 billion, lifting the margin to 10.5 per cent from 9.8 per cent a year earlier.

The board has recommended a Rs 2 per share dividend (200 per cent) for FY 25. On the Bombay Stock Exchange the stock closed on Thursday at Rs 810.75, up 1.3 per cent.

With the latest wins, ITD Cementation—active in airports, marine works, metros and heavy civil engineering—continues to reinforce its order book as India’s infrastructure push gathers pace.

Infrastructure Urban

02 Jun 2026

VECV Sales Rise 7.8 Per Cent In May 2026

VE Commercial Vehicles recorded sales of 7,978 units in May 2026, compared to 7,401 units in May 2025, registering growth of 7.8 per cent. This included 7,789 units from the Eicher brand and 189 units from the Volvo brand.Eicher branded trucks and buses reported sales of 7,789 units during the month, up 7.3 per cent from 7,258 units a year earlier. In the domestic commercial vehicle market, Eicher sales rose 9.1 per cent to 7,375 units from 6,758 units in May 2025.Exports declined 17.2 per cent to 414 units from 500 units in the corresponding month last year. Volvo Trucks and Volvo Buses recor..

Table Space Strengthens DESYN Leadership Team

Table Space has announced strategic leadership appointments within DESYN, its integrated Design and Build business, as it looks to strengthen operations across key enterprise and GCC markets in India. DESYN was launched as a strategic extension of Table Space’s workspace solutions portfolio to meet rising demand for agile, high-quality and rapidly deployable enterprise workspaces.Shruti Ookabhoy has joined DESYN as Executive Director and will lead the Design vertical, focusing on design capability, operational excellence and team development across markets. She brings over 22 years of experi..

Concord Associate Bags Rs 2.79 Bn Kavach Order

Concord Control Systems said its associate company, Progota India, has received a Rs 2.79 bn domestic order from Indian Railways for the supply, installation, testing and commissioning of on-board Kavach 4.0 loco equipment.The order is scheduled for execution within 12 months and strengthens Concord’s role in India’s railway safety and signalling ecosystem. Kavach is India’s indigenous automatic train protection system, designed to improve operational safety by helping prevent signal passing at danger and reducing collision risks.Gaurav Lath, Joint Managing Director, Concord Control Syst..