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ITD Cementation Bags Rs 9.6 Bn Orders in Airports, Realty

2025-06-26

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.