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ITD Cementation India shares rise over 4% today after strong Q4 results and Jaipur airport contract win
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.
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