ITD Cementation India shares rise over 4% today after strong Q4 results and Jaipur airport contract win
By Aditya Bhagchandani Published on May 14, 2025, 09:32 IST
Shares of ITD Cementation India surged 4.14% to ₹588.35 on Tuesday, following the announcement of a strong set of Q4 FY25 results and a significant order win for airport infrastructure development. The stock added ₹23.40 in early trade, marking it among the top gainers on NSE.
For the March 2025 quarter, ITD Cementation India reported a 27% year-on-year increase in net profit to ₹113.6 crore. Revenue grew nearly 10% YoY to ₹2,478.7 crore, supported by consistent execution across major infrastructure projects. Operating profit jumped 18% to ₹259.6 crore, with margins improving to 10.5% from 9.8% in the same quarter last year.
The board has also recommended a final dividend of ₹2 per share (200%) for FY25, subject to shareholder approval.
Additionally, the company has secured a major infrastructure development contract worth ₹593 crore at Jaipur International Airport. The order involves constructing various airport facilities to boost operational capacity and passenger experience.
ITD Cementation India, with a history of over 90 years, is a reputed name in civil engineering and construction, delivering large-scale projects across sectors such as marine, transit systems, highways, and water management.
As of 9:29 AM, the stock was trading at ₹588.35 with a market capitalization of ₹100.89 billion. The day's range stood between ₹575.00 and ₹595.00.
Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information.
Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.
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