+
ITD Cementation Bags Rs 9.6 Bn Orders in Airports, Realty
ECONOMY & POLICY

ITD Cementation Bags Rs 9.6 Bn Orders in Airports, Realty

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.

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.

Next Story
Resources

CASE Launches ‘Shilpi’ to Train Youth in Equipment Servicing

CASE Construction Equipment, a CNH brand, has launched Project Shilpi, a CSR initiative to train youth in backhoe loader maintenance and servicing. The programme targets ITI and diploma holders from economically weaker sections, aiming to address the skill gap in the construction equipment servicing sector.  “At CASE, we believe in enabling communities through skills that transform lives... Through this initiative, we aim to strengthen India’s technical workforce while empowering individuals to achieve socio-economic independence,” said Kavita Sah, India CSR Head, CNH. &nb..

Next Story
Resources

Himadri Named CDP Supplier Engagement Leader with ‘A’ Rating

Himadri Speciality Chemical has been recognised as a 2024 CDP Supplier Engagement Leader, earning an ‘A’ rating for its performance in supply chain climate action. This places Himadri among the top-rated global companies in the CDP’s Supplier Engagement Assessment. The company scored high in key categories including supplier engagement, Scope 3 emissions verification, risk management, and governance, demonstrating strong alignment with global climate disclosure frameworks. “Being recognised as a CDP Supplier Engagement Leader is a proud moment for all of us... Our commitment ..

Next Story
Resources

Trimble, IIT Madras Join Hands to Donate 20 Custom Wheelchairs

Trimble has partnered with the National Centre for Assistive Health Technologies (NCAHT) at IIT Madras to support inclusive mobility through the donation of 20 custom-fitted wheelchairs. Backed by an initial ₹15 lakh contribution, the lightweight (9 kg) wheelchairs are tailored to individual needs and rival high-end imports in quality. Recipients will be selected through a structured process including assessments, prescription, and training to ensure long-term usability. “At Trimble, we believe accessibility is fundamental... Through this partnership with IIT Madras, we hope to s..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?