ITD Cementation bags new order worth over Rs 700 cr

30 Jun 2022 , 12:50 PM

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