ITD Cementation India Limited Reports Earnings Results for the Second Quarter and Six Months Ended September 30, 2022
November 09, 2022 at 07:46 am EST
Share
ITD Cementation India Limited reported earnings results for the second quarter and six months ended September 30, 2022. For the second quarter, the company reported sales was INR 10,346.52 million compared to INR 8,114.89 million a year ago. Revenue was INR 10,467.15 million compared to INR 8,150.99 million a year ago. Net income was INR 197.46 million compared to INR 148.76 million a year ago. Basic earnings per share from continuing operations was INR 1.15 compared to INR 0.87 a year ago. Diluted earnings per share from continuing operations was INR 1.15 compared to INR 0.87 a year ago.
For the six months, sales was INR 21,324.89 million compared to INR 16,370.27 million a year ago. Revenue was INR 21,530.92 million compared to INR 16,430.99 million a year ago. Net income was INR 498.08 million compared to INR 327.69 million a year ago. Basic earnings per share from continuing operations was INR 2.9 compared to INR 1.91 a year ago. Diluted earnings per share from continuing operations was INR 2.9 compared to INR 1.91 a year ago.
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 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. The Companyâs subsidiaries include ITD Cementation Projects India Limited, ITD Cemindia JV and ITD Cem-Maytas Consortium.
ITD CEMENTATION INDIA LIMITED 
