Infra stock engaged in the business of providing EPC services across various sectors like urban infrastructure, mass rapid transit systems, airports, highways, and many more jumped 12 percent in the day’s trade upon posting robust Q1FY25 results with a 92 percent jump in Net Profits.
Price Action
With a market capitalization of Rs. 9,177 Crores, the shares of ITD Cementation Limited were trading at Rs. 535 per equity share, up 11 percent from its previous day’s close price of Rs. 483.50.
Q1FY25 Results
Its Revenue from operations grew by 30 percent YoY from Rs. 1,832.57 Crores in Q1FY24 to Rs. 2,381.48 Crores in Q1FY25 and it grew by 6 percent QoQ from Rs. 2,257.7 Crores in Q4FY24 to Rs. 2,381.48 Crores in Q1FY25.
Its Net Profit grew by 92 percent YoY from Rs. 52.33 Crores in Q1FY24 to Rs. 100.18 Crores in Q1FY25 and grew by 12 percent QoQ from Rs. 89.55 Crores in Q4FY24 to Rs. 100.18 Crores in Q1FY25. Its Net Profit Margin increased from 2.87 percent in Q1FY24 to 3.96 percent in Q1FY25.
It has reported an EBITDA of Rs. 237 Crores in Q1FY25 which is an increase of 36 percent YoY and the EBITDA Margin for Q1FY25 stood at Rs. 9.97 percent. As of Q1FY25, it has a consolidated work order book of Rs. 18,536 Crores and in Q1FY25 it secured work orders worth Rs. 1,053 Crores.
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About the Company
ITD Cementation Limited is engaged in the business of providing design, engineering, procurement, and construction (EPC) services for infrastructure projects in India.
Presence and Operations
ITD Cementation Limited’s area of operations includes urban infrastructure, mass rapid transit systems and airports, highways, bridges and flyovers, maritime structures, industrial structures and buildings, hydro, dams, tunnels and irrigation, foundation and specialist engineering, water and wastewater, and many others.
ITD Cementation Limited has a global presence with operations in India, Bangladesh, Lao PDR, the Philippines, Vietnam, and Africa, etc., Its Clientele comprises of Government 49 percent, PSU 18 percent, and Private Sector 33 percent. Massachusetts Institute of Technology holds a 5.32 percent stake in the company.
Written by: Bharath K.S
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