ITD Cementation India Ltd has received two new orders with a combined value of approximately ₹960 crore, excluding GST. The announcement was made on June 19 via an exchange filing. One of the projects involves executing construction works at Trivandrum International Airport in Kerala. The 2nd contract is for a multi-storeyed commercial building in Kolkata, West Bengal. Client names and execution timelines have not been disclosed.
On June 9, 2025, the company secured a separate construction contract worth ₹893 crore in Odisha. This earlier order involved developing a berth and breakwater for greenfield captive jetties. These recent orders add to the company's project pipeline for the month.
Read more: ITD Cementation Wins ₹893 Crore Odisha Jetty Project!
For the quarter ended March 31, 2025, ITD Cementation reported a net profit of ₹113.55 crore, up 26.86% year-on-year. Revenue from operations increased 10% to ₹2,478.7 crore YoY. Operating profit stood at ₹259.6 crore, with margins improving to 10.5% from 9.8% in the same quarter last year. The board has recommended a dividend of ₹2 per equity share for FY25.
ITD Cementation is an engineering and construction company with operations spanning over nine decades. Its work covers sectors such as maritime structures, airports, mass transit systems, tunnels, dams, and industrial infrastructure.
As of 09:20 AM on June 20, 2025, ITD Cementation share price was trading at ₹805.45, a 0.41% decline. Over the last 12 months, the stock has gained 71.19%. Year-to-date, it is up 50.29%.
The company’s recent order wins and quarterly figures add to its ongoing project base, reflecting activity across key infrastructure segments.
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Published on: Jun 20, 2025, 10:51 AM IST
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