ITD Cementation India Limited a leading engineering and construction company in India, has announced that it has recently secured new contracts amounting to approximately ₹960 crore (excluding GST) across diverse sectors. These new orders reflect the company’s continued growth momentum and underscore its strong capabilities in executing complex infrastructure projects.
The first order entails undertaking a range of construction activities at Trivandrum International Airport in Kerala, while the second involves the development of a multi-storey commercial complex in Kolkata, West Bengal. The company has not disclosed the client names or execution timelines for either project.
ITD Cementation India Limited has reported a strong financial performance for the quarter ended March 31, with net profit rising 27% year-on-year to ₹113.6 crore, driven by consistent execution across its project portfolio. The company’s revenue grew nearly 10% YoY to ₹2,478.7 crore, reflecting steady progress on key infrastructure projects.
Operating performance also strengthened during the quarter, with EBITDA increasing 18% to ₹259.6 crore. As a result, operating margins improved to 10.5%, up from 9.8% in the corresponding period of the previous year. In light of the company’s performance, the Board of Directors has recommended a dividend of ₹2 per equity share (200%) for the financial year 2024–25.
The company continues to deliver on critical projects across urban infrastructure, marine works, transportation, industrial construction, and hydro-electric sectors. With a proven track record of timely project delivery and quality execution, ITD Cementation remains well-positioned to capitalize on emerging opportunities in India’s infrastructure sector.
ITD Cementation India Limited is a leading civil engineering and construction company with a legacy of over 90 years. The company specializes in a broad spectrum of infrastructure sectors including maritime structures, mass rapid transit systems, airports, tunnels, highways, bridges, and industrial buildings. Backed by a commitment to innovation, sustainability, and safety,
