OTHER GROUP COMPANIES
market

ITD Cementation bags new order worth over Rs 700 cr

The civil construction company announced that it has secured a letter of acceptance worth over Rs 700 crore for construction of wharf and approach trestle works from Bharat Mumbai Container Terminals (BMCT) at Jawaharlal Nehru Port.

June 30, 2022 12:50 IST | capital market
The firm said that it secured orders worth over Rs 6,000 crore in Q1 FY23. It has achieved record orderbook of Rs 20,000 crore, which provides multi-year revenue visibility, the company added. ITD Cementation India is an engineering and construction company, undertaking heavy civil, infrastructure and EPC businesses The company has established presence and expertise in marine structures, mass rapid transit systems, airports, hydro-electric power, tunnels, dams & irrigation, highways, bridges & flyovers, industrial buildings and structures, foundation & specialist engineering. The company reported a 68.8% fall in consolidated net profit to Rs 16.38 crore on 19.3% surge in net sales to Rs 1,173.84 crore in Q4 FY22 over Q4 FY21. Shares of ITD Cementation India were down 0.77% to Rs 64.50 on the BSE. Powered by Capital Market - Live News

OPEN A DEMAT ACCOUNT & Get
FREE Benefits Worth 5,000

FEATURED ARTICLE

BLOGS

Open Demat Account

  • 0

    Per Order for ETF & Mutual Funds Brokerage

  • 20

    Per Order for Delivery, Intraday, F&O, Currency & Commodity