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.

Related Stories

Gold Stories

Next Story
Resources

Schindler named among Forbes’ World’s Best Employers 2026

Schindler has been named among Forbes’ World’s Best Employers 2026, a global ranking recognising companies for their workplace environments.Compiled by Forbes in partnership with Statista, the ranking is based on independent employee feedback, including whether employees would recommend their organisation to friends and family.The company said the recognition reflected its focus on creating a workplace where employees can develop their expertise and build careers. ..

Next Story
Infrastructure Urban

India needs an export-execution mindset: Vishesh Jain

Interview with Vishesh Jain, Founder & CEO, EximpleWhat gaps in India’s global trade ecosystem led you to build Eximple, and what problem did you see businesses struggling with most?Eximple came out of a problem that all three founders had seen from different choke points in the trade ecosystem. India has millions of MSMEs and manufacturers, and many of them can make products that are genuinely competitive on quality. Yet only a small fraction is able to build meaningful international businesses. In our experience, the gap is usually not manufacturing capability; it is the ability to exe..

Next Story
Building Material

Nuvoco reports 13.5% revenue growth in Q2 FY27

Nuvoco Vistas Corp. Ltd. reported consolidated revenue of Rs 27.9 billion for Q2 FY27, up 13.5% year on year. Cement sales volume rose 9% to 4.7 million tonnes (MMT), while EBITDA increased 11% to Rs 4.11 billion.The company said it began its cement operations in 2014 with a 2.3 MMT per annum (MMTPA) operation at Nimbol. It now aims to reach 35 MMTPA of cement capacity by FY28, nearly 15 times its initial capacity. Its portfolio spans cement, ready-mix concrete and modern building materials.On sustainability and cost efficiency, Nuvoco partnered with CleanMax for a 46.4 MW wind-solar hybrid re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code