Latest news with #ITDCementation
Business Upturn
31-07-2025
- Business
- Business Upturn
ITD Cementation shares jump 2% as Q1 net profit rises 37% YoY to Rs 137.2 crore
By Aman Shukla Published on July 31, 2025, 09:45 IST ITD Cementation India Ltd saw its stock rise over 2% after the company released its consolidated financial results for the quarter ended June 30, 2025. As of 9:44 AM, the shares were trading 1.29% higher at Rs 795.65. The infrastructure firm reported a net profit of ₹137.2 crore, marking a 37% increase compared to ₹100.2 crore in the same quarter last year. Total income for the quarter came in at ₹2,556.9 crore, up from ₹2,397.4 crore a year ago, reflecting a 6.7% year-on-year growth. The increase was supported by steady progress in ongoing projects, particularly in the company's marine, metro, and urban infrastructure segments. EBITDA, excluding other income, rose to ₹280.6 crore from ₹241.8 crore, while profit before tax improved to ₹163.5 crore from ₹135.1 crore last year. The company's expenses also rose to ₹2,400.4 crore from ₹2,267.3 crore in the year-ago period. ITD Cementation reported a moderation in subcontracting and material costs compared to the previous quarter, which helped improve operating margins. Finance costs declined slightly to ₹49.8 crore, down from ₹52.9 crore in the same period last year. 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. Ahmedabad Plane Crash Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at
Time of India
31-07-2025
- Business
- Time of India
ITD Cementation shares in focus after highest-ever quarterly profit of Rs 137 crore in Q1, up 37% YoY
Shares of engineering and construction company ITD Cementation India will be in focus on Thursday after it reported its highest-ever quarterly net profit of Rs 137 crore for Q1FY26 , marking a 37% year-on-year increase. Revenue for the June quarter also hit a record high of Rs 2,542 crore, up 7% from Rs 2,381 crore in the same period last year. Explore courses from Top Institutes in Please select course: Select a Course Category Operations Management Product Management Data Science Others Public Policy Data Analytics Digital Marketing Healthcare PGDM healthcare Leadership Data Science others Design Thinking Finance CXO Management Technology Artificial Intelligence Degree MCA Cybersecurity MBA Project Management Skills you'll gain: Quality Management & Lean Six Sigma Analytical Tools Supply Chain Management & Strategies Service Operations Management Duration: 10 Months IIM Lucknow IIML Executive Programme in Strategic Operations Management & Supply Chain Analytics Starts on Jan 27, 2024 Get Details Earnings before interest, tax, depreciation, and amortisation (EBITDA) stood at Rs 233 crore, rising 5.2% from Rs 221 crore in Q1FY25. The EBITDA margin remained stable at 9.1%, compared to 9.3% in the year-ago period. On the operational front, the company secured fresh orders worth over Rs 2,900 crore during the quarter, taking its consolidated order book to Rs 18,820 crore as of 30 June 2025. ITD Cementation shares target price According to Trendlyne, the average target price for ITD Cementation is Rs 679, suggesting a potential downside of about 14%. Of the two analysts covering the stock, the consensus recommendation is 'Buy'. The stock is currently showing a neutral trend. The Relative Strength Index (RSI) stands at 45.2, indicating balanced momentum, while the MACD is at -0.5, below both the signal and centre lines—a bearish indicator. Despite a 16% decline in the past month, the stock has delivered a 62% return over the last three months and surged 330% over the past year. The company's current market capitalisation stands at approximately Rs 13,497 crore. ( Disclaimer : Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times)
Business Upturn
30-07-2025
- Business
- Business Upturn
ITD Cementation Q1 Results: Net Profit jumps 37% YoY to Rs 137.2 crore
Infrastructure major ITD Cementation India Ltd reported a consolidated net profit of ₹137.2 crore for the quarter ended June 30, 2025 (Q1 FY26), marking a strong 37% year-on-year (YoY) increase from ₹100.2 crore reported in Q1 FY25. The company also posted total income of ₹2,556.9 crore, up 6.7% YoY from ₹2,397.4 crore in the same quarter last year, driven by steady execution across its order book, especially in marine, urban infrastructure, and metro rail segments. Key Highlights – Q1 FY26 (Consolidated) Net Profit: ₹137.2 crore vs ₹100.2 crore YoY (▲37%) Total Income: ₹2,556.9 crore vs ₹2,397.4 crore YoY (▲6.7%) EBITDA (excluding other income): ₹280.6 crore vs ₹241.8 crore YoY (▲16%) Profit Before Tax (PBT): ₹163.5 crore vs ₹135.1 crore YoY (▲21%) Total Expenses: ₹2,400.4 crore vs ₹2,267.3 crore YoY The company saw a moderation in subcontracting and material costs compared to the previous quarter, improving its operational margin. Finance costs stood at ₹49.8 crore, slightly lower than the ₹52.9 crore incurred in the same quarter last year. ITD Cementation's share of profits from joint ventures also contributed positively at ₹7.05 crore, reversing the trend from a loss in the previous quarter. Outlook The company remains optimistic about order inflow momentum, citing a strong pipeline in marine, water infrastructure, and metro rail EPC projects. Management reaffirmed its focus on timely execution, cost control, and cash flow management to maintain profitability and working capital discipline. Ahmedabad Plane Crash 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.
Time of India
15-07-2025
- Business
- Time of India
Work set to begin on 1.7-km underground leg of Yellow Line
1 2 Kolkata: The second phase of the underground Yellow Line beyond the airport to Birati is set to begin with the engineering firm—which built the underground packages for the East-West Metro—securing a Rs 1,330-crore contract. ITD Cementation's job includes construction of twin tunnels, each 1.7 km long, the underground Birati station and subways for Birati and Michael Nagar stations on this stretch of the 11.2-km Noapara-Barasat Metro corridor. The Yellow Line's first phase— the 7-km section from Noapara to Jai Hind (airport) stations—is complete and ready for safety inspections by the Commission of Railway Safety (CRS), which grants the approval for revenue operations. For the second phase, ITD Cementation recently emerged as the lowest bidder for the civil construction contract. You Can Also Check: Kolkata AQI | Weather in Kolkata | Bank Holidays in Kolkata | Public Holidays in Kolkata Metro Railway had floated the tender for in Aug 2024, with a timeframe of 910 days or around two-and-a-half years. The bid was invited weeks after the Airports Authority of India (AAI) allowed the use of 18-m-tall cranes for the work on the airport-New Barrackpore stretch. AAI also granted Metro Railway the much-awaited NOC to start work between the airport and Michael Nagar. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Đây có thể là thời điểm tốt nhất để giao dịch vàng trong 5 năm qua IC Markets Tìm hiểu thêm Undo Being on the flight path of planes near the northern end of the main runway, the corridor has been riddled with several obstacles. . "The contractor (ITD Cementation) will be responsible for the construction of 3.5-km Metro tunnels (1.7 km each), the underground Birati station and subway work for Birati and Michael Nagar stations," a Metro official said. The tunnel next to the airport's wall will be built, using the RCC box pushing method (without the deployment of tunnel boring machines), as specified by the AAI, while the Birati station will be constructed using the cut-and-cover method. The cut-and-cover method is a shallow, tunnelling technique, in which a trench is excavated, the tunnel structure is built, and the trench is then covered and restored to the original surface. The method is used when the tunnel's depth is relatively shallow and the surface disruption is acceptable. "The contractor will also be responsible for the architectural finishing, firefighting, water supply, sanitary installation, power supply system and aluminium third rail among other facilities," a Metro official said. "We hope the rest of the Yellow Line issues will be resolved and funds will flow accordingly."
Time of India
30-06-2025
- Business
- Time of India
ITD Cementation Stock Soars 4% Following $67.4 Million LNG Project Win, ET Infra
Advt ITD Cementation share price performance Shares of ITD Cementation India rallied 4.4 per cent to an intraday high of ₹929 on the BSE on Monday, June 30, following the announcement of a significant international marine contract worth $67.4 million (approximately ₹580 crore).The contract has been awarded for jetty construction works for the Ruwais LNG project in Abu Dhabi 'This is to inform you that ITD Cementation India Limited has secured International Marine Contract worth $67.4 Million (₹580 Crore),' the company informed via a regulatory filing to the stock its stock exchange filing, ITD Cementation stated that the agreement falls within the ordinary course of business for the company. The company confirmed that the new order pertains to the construction of marine infrastructure and reinforces its position in the international engineering and construction Cementation India, a well-established engineering and construction company, has been operating in India for nearly nine decades. The firm undertakes a broad range of projects in heavy civil, infrastructure, and EPC holds established expertise in maritime structures, mass rapid transit systems, hydro-electric power, tunnels, dams, irrigation, highways, bridges, flyovers, industrial structures, and buildings. The company also engages in water and wastewater management and specialist foundation the past one year, the shares of ITD Cementation have delivered a return of 71.14 per cent, while the year-to-date (YTD) gain stands at 63.98 per cent. In the last six months, the stock has risen by 67.17 per cent, and over the past three months, it has advanced 60.26 per cent. For the one-month period, the stock has posted a gain of 22.26 per shares of ITD Cementation closed 1.4 per cent higher at ₹889.50 on the BSE on Friday.
