Archive · 19 Jun 2025
ITD Cementation India Secures ₹960 Crore in New Contracts
ITD Cementation India, a construction company, got new contracts worth a lot of money.
They will build things like parts of an airport and a big office building.
This is good news for the company because they also made more money in the last few months than they did the year before.
Because of all this, the company's stock price has gone up a lot recently, making investors happy.
ITD Cementation India secured new construction contracts worth approximately ₹960 crore.
The contracts include projects at Trivandrum International Airport and a commercial building in Kolkata.
This is the second major contract secured by the company in June.
The company's net profit rose 26.86% year-on-year to ₹113.55 crore for the quarter ended March 2025.
ITD Cementation India's share price has gained 66% in under two months.
- Who
- ITD Cementation India.
- What
- ITD Cementation India secured new construction contracts.
- When
- Announced post-market hours on Thursday.
- Where
- Trivandrum International Airport in Kerala, Kolkata, West Bengal.
- Why
- To expand the company's construction projects and revenue.
- Contract Value
- ₹960 crore
- Contracts Includes
- Airport and Commercial Building
- Net Profit (Q4FY25)
- ₹113.55 crore
- Revenue Growth (Q4FY25)
- 9.83%
- Share Price Gain (2 months)
- 66%