ITD Cementation India Limited reported earnings results for the second quarter and six months ended September 30, 2024. For the second quarter, the company reported sales was INR 19,908.71 million compared to INR 16,104.2 million a year ago. Revenue was INR 20,133.44 million compared to INR 16,161.89 million a year ago. Net income was INR 720.42 million compared to INR 536.25 million a year ago. Basic earnings per share from continuing operations was INR 4.19 compared to INR 3.12 a year ago. Diluted earnings per share from continuing operations was INR 4.19 compared to INR 3.12 a year ago.
For the six months, sales was INR 43,723.61 million compared to INR 34,429.91 million a year ago. Revenue was INR 44,107.71 million compared to INR 34,573.33 million a year ago. Net income was INR 1,722.3 million compared to INR 1,058.32 million a year ago. Basic earnings per share from continuing operations was INR 10.03 compared to INR 6.16 a year ago. Diluted earnings per share from continuing operations was INR 10.03 compared to INR 6.16 a year ago.
Cemindia Projects Limited, formerly ITD Cementation India Limited, is an India-based engineering and construction company. The Company is involved in the heavy civil, infrastructure, and engineering, procurement and construction (EPC) business and operates in India. The Company is engaged in urban infrastructure, Mass Rapid Transport Systems (MRTS) and airports; highways, bridges and flyovers; maritime structures; industrial structures and buildings; water and wastewater; foundation and specialist engineering, and hydro, dams, tunnels and irrigation. It is focused on the construction of flyovers, underpasses and river bridges using specialized foundation techniques. The Company offers a modern and comprehensive range of construction techniques for the construction of piles and diaphragm walls, ground improvement, drilling grouting works, rock anchors, slope stabilization and rehabilitation work. Its subsidiaries include TD Cementation Projects India Limited, ITD Cem, and ITD CemIndia.
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