ITD Cementation India Secures ₹593 Crore Contract, Boosts Q4 Profits
ITD Cementation India has won a ₹593 crore contract for infrastructure works at Jaipur International Airport. The company reported a 27% increase in net profit to ₹113.60 crore and a 10% rise in revenue to ₹2,478.70 crore for Q4. The board recommended a dividend of ₹2.00 per equity share for FY25. Following these developments, the company's stock price surged by 12%.

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ITD Cementation India , a prominent player in the construction and infrastructure sector , has recently clinched a significant new contract, marking a positive development for the company's business outlook and financial performance.
Contract Details
ITD Cementation India Ltd has won a ₹593.00 crore order for infrastructure works at Jaipur International Airport. This substantial project adds to ITD Cementation's order book, potentially strengthening its position in the industry and contributing to its future revenue streams.
Financial Performance
The company has reported impressive financial results for the fourth quarter:
Metric | Q4 Performance |
---|---|
Net Profit | ₹113.60 crore (27% increase) |
Revenue | ₹2,478.70 crore (10% increase) |
Additionally, the board has recommended a dividend of ₹2.00 per equity share for FY25.
These strong financial indicators, coupled with the new contract win, have led to a surge in the company's stock price, with shares rising by 12%.
Potential Impact
The ₹593.00 crore contract represents a significant business opportunity for ITD Cementation India, possibly leading to increased activity and resource utilization. The size of the deal suggests it could have a notable impact on the company's operations and financial performance in the coming quarters.
Company Overview
ITD Cementation India Limited is known for its expertise in various segments of the construction industry, including:
- Marine structures
- Highways
- Bridges
- Tunnels
- Other infrastructure projects
This new contract aligns with the company's core competencies and could further solidify its market presence.
Looking Ahead
As ITD Cementation India takes on this new project, investors and industry observers will likely be keen to see how efficiently the company executes the contract and how it may contribute to the overall financial health of the organization. The successful completion of this project could potentially open doors for more significant contracts in the future, further enhancing the company's growth prospects.
It's important to note that while this contract represents a positive development, the overall impact on the company's performance will depend on various factors, including project execution, cost management, and broader market conditions in the infrastructure and construction sectors.
Historical Stock Returns for ITD Cementation
1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
---|---|---|---|---|---|
+1.04% | +5.06% | +23.87% | +58.51% | +69.06% | +1,547.25% |