Latest news with #Berth&Breakwater
Business Standard
2 days ago
- Business
- Business Standard
ITD Cementation rallies on securing order worth Rs 893 crore
ITD Cementation India soared 6.93% to Rs 812.90 after the company has secured contract worth Rs 893 crore for construction of Berth & Breakwater for the development of Greenfield Captive Jetty(s) in Odisha. ITD Cementation India is one of the leading engineering and construction companies undertaking heavy civil, infrastructure and EPC business and operating in India with an established presence and expertise in maritime structures, mass rapid transit systems, airports, hydro-electric power, tunnels, dams & irrigation, highways, bridges & flyovers, industrial structures and buildings, foundation & specialist engineering. The companys consolidated net profit jumped 26.9% to Rs 113.55 crore in Q4 FY25 as compared with Rs 89.51 crore in Q4 FY24. Revenue from operations increased 9.8% YoY to Rs 2,479.72 crore in the quarter ended 31st March 2025.
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Business Standard
2 days ago
- Business
- Business Standard
₹893-cr order pushes ITD Cementation shares 9% higher; key details here
ITD Cementation share price: ITD Cementation share price was in demand on Tuesday, June 10, 2025, with the stock rising up to 9.26 per cent to hit an intraday high of ₹830.65 per share. At 9:40 AM, ITD Cementation shares were trading 8.11 per cent higher at ₹821.85 per share. In comparison, BSE Sensex was trading flat with a negative bias at 82,391.22 levels. Why did ITD Cementation share price rise? ITD Cementation share price rose after the company announced that it has secured a contract worth about ₹893 crore, including GST. in Odisha. In an exchange filing, the company said, 'TD Cementation India Limited has secured a contract worth ~₹893 crore including GST for construction of Berth & Breakwater for the development of Greenfield Captive Jetty(s) in Odisha.' ITD Cementation Q4 results The company's Q4FY25 total operating income rose 10 per cent year-on-year (Y-o-Y) to ₹2,480 crore. Its Ebitda jumped 11 per cent Y-o-Y to ₹268 crore, while Q4FY25 profit after tax (PAT) zoomed 27 per cent annually to ₹114 crore In FY25, the total operating income climbed 18 per cent Y-o-Y to ₹9,097 crore. Its Ebitda zoomed 14 per cent Y-o-Y to ₹923 crore, and PAT gained 36 per cent Y-o-Y to ₹373 crore. The company's consolidated order book as of March 31, 2025 stood at ₹18,300 crore Catch Stock Market Updates Today LIVE ITD Cementation dividend ITD Cementation board has recommended payment of dividend of ₹2 per equity share for the financial period ended March 31, 2025, subject to the approval of the shareholders at the ensuing Annual General Meeting of the Company (AGM). About ITD Cementation ITD Cementation India is among the leading Engineering and Construction companies undertaking heavy civil, infrastructure and EPC business and operating in India for nine decades with an established presence and expertise in Maritime Structures, Mass Rapid Transit Systems, Airports, Hydro-Electric Power, Tunnels, Dams & Irrigation, Highways, Bridges & Flyovers, Industrial Structures and Buildings, Water & Waste Water and Foundation & Specialist Engineering.
Business Standard
2 days ago
- Business
- Business Standard
Stock Alert: Force Motors, Nykaa, IRB Infra, ITD Cementation, Oberoi Realty
Securities in F&O Ban: Titagarh Rail Systems, Hindustan Copper, Aditya Birla Fashion & Retail (ABFRL), Chambal Fertilisers & Chemicals shares are banned from F&O trading on 10 June 2025. Stocks to Watch: Force Motors board approved a resignation of chief financial officer (CFO), Sanjay Kumar Bohra with effect from 9th June 2025. Further, the board has approved the appointment of Rishi Luharuka as the chief financial officer (CFO), designated as group CFO, with effect from 10 June 2025. FSN E-commerce Ventures (Nykaa) has completed the 2nd tranche of the remaining investment of Rs 5 crore in Earth Rhythm (ERPL), post this subscription, company will hold approximately 75.83% of the issued and paid-up share capital of ERPL. IRB Infrastructure Developers gross toll collection increased 9% to Rs 581.2 crore in May 2025, compared with 535.5 crore in May 2024. ITD Cementation India secured contract worth around Rs 893 crore for construction of Berth & Breakwater for the development of Greenfield Captive Jetty(s) in Odisha. Oberoi Realtys commercial real estate arm chief executive officer (CEO), Pankaj Gupta has resigned with effect from 9 June 2025.
Time of India
2 days ago
- Business
- Time of India
ITD Cementation shares in focus after securing Rs 893 crore contract for Odisha project
ITD Cementation India has secured a contract worth approximately Rs 893 crore for constructing Berth & Breakwater at a Greenfield Captive Jetty in Odisha. The project, part of its routine business, further strengthens ITD's position in maritime infrastructure and EPC services, the company said in a filing. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads About ITD Cementation Shares of ITD Cementation India are likely to be in focus on Tuesday, June 1, after the company announced that it has secured a new contract worth approximately Rs 893 work order pertains to the construction of Berth & Breakwater for the development of Greenfield Captive Jetty(s) in Odisha. ITD Cementation India Limited has secured contract worth ~Rs 893 crore, including GS,T for construction of Berth & Breakwater for the development of Greenfield Captive Jetty(s) in Odisha,' ITD Cementation announced via a regulatory a regulatory filing, the company confirmed that the contract falls under the ordinary course of its business operations. This development strengthens ITD Cementation's position in the infrastructure and ITD Cementation , especially in maritime and port-related the past year, ITD Cementation India Limited's stock has delivered a strong return of 73.50%. On a year-to-date (YTD) basis, the stock has gained 40.14%, while the six-month and three-month returns stand at 50.21% and 41.80%, respectively. In the last month alone, the stock has surged 45.20%, reflecting strong investor interest and positive Tuesday, ITD Cementation shares closed 1.8% higher at Rs 760.20 on the Cementation India Limited is one of the leading Engineering and Construction Companies undertaking Heavy Civil, Infrastructure and EPC business and operating in India. The company brings over nine decades of experience with established expertise across diverse infrastructure segments, including maritime structures, mass rapid transit systems, airports, hydroelectric power, tunnels, dams and irrigation, highways, bridges and flyovers, industrial and commercial buildings, water and wastewater management, as well as foundation and specialist engineering.: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
