ITD Cementation India: Secures ₹960 Crore in New Orders, Reports Q4 Profit Growth 9 hours ago Yesterday
ITD Cementation India has won two contracts worth ₹960 crore in Kerala and West Bengal. The company reported a 27% increase in Q4 net profit to ₹113.60 crore, with revenue rising 10% to ₹2,478.70 crore. Operating profit grew 18% to ₹259.60 crore. The board recommended a dividend of ₹2 per share.
ITD Cementation India Secures Rs 893 Crore Contract for Odisha Greenfield Project 9 days ago
ITD Cementation India Secures ₹893 Crore Odisha Jetty Project, Boosting Business Growth 10 days ago
ITD Cementation India: Q4 Profit Surges 27%, Dividend Announced
ITD Cementation India has reported strong Q4 FY25 results with a 27% increase in consolidated net profit to ₹113.00 crore. Revenue grew by 9.8% to ₹2,480.00 crore, while EBITDA rose 17.6% to ₹260.40 crore. The company has proposed a final dividend of ₹2.00 per equity share for FY25.
13May 25
ITD Cementation India Reports Strong Q4 Results, Recommends Dividend
ITD Cementation India Ltd announced strong Q4 FY25 results with consolidated net profit rising 27% to ₹113.60 crore. Revenue increased 10% to ₹2,478.70 crore, while operating profit grew 18% with margins expanding to 10.50%. The company's board recommended a dividend of ₹2.00 per equity share for FY25. The robust performance is attributed to a strong order book and efficient project execution in infrastructure projects.
19Mar 25
ITD Cementation India Faces Legal Challenge to 102.2 Million Rupee Arbitration Award
ITD Cementation India's joint venture won an arbitration award of 102.20 million rupees against Pune Municipal Corporation (PMC). However, PMC has filed a legal challenge under Section 34 of the Arbitration and Conciliation Act, 1996, contesting both the original award from September 18, 2024, and a corrected award from December 7, 2024. The challenge, filed on January 29, 2025, includes an interim application for a stay on the award's operation, potentially delaying or altering the expected financial benefit for ITD Cementation.
06Mar 25
ITD Cementation India Secures Subcontract for Vadhavan Port Project
ITD Cementation India Limited is overseeing a significant dredging contract for the new Vadhavan Port in Maharashtra. A joint venture between DEME and Jan De Nul will act as subcontractors, with work including nearshore reclamation and shore protection. Construction is set to begin in Q3 2025, with DEME's share valued at up to 50 million euros. This project enhances ITD Cementation's portfolio in large-scale infrastructure development and positions the company for potential future growth in the maritime sector.
05Mar 25
ITD Cementation Secures Major Contract for Vadhavan Port Project
ITD Cementation India Ltd has been awarded a significant contract for the development of the new Vadhavan Port in Maharashtra, India. The project, set to begin in Q3 2025, involves collaboration with a joint venture between DEME and Jan De Nul for dredging works. The scope includes nearshore reclamation and shore protection works. While ITD Cementation's contract value is undisclosed, DEME's part in the subcontract is valued at up to 50 million euros, indicating the project's substantial scale.