ITD Cementation India Limited Reports Unaudited Standalone Earnings Results for the Second Quarter and Half Year Ended September 30, 2019
November 12, 2019
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ITD Cementation India Limited reported unaudited standalone earnings results for the second quarter and half year ended September 30, 2019. For the quarter, on a standalone basis, the company reported income from operations of INR 5,279.317 million compared to INR 4,148.291 million a year ago. Profit for the period was INR 216.854 million compared to INR 272.706 million a year ago. Basic and diluted earnings per share was INR 1.26 compared to INR 1.59 a year ago.
For the six months, on a standalone basis, the company reported income from operations of INR 10,659.599 million compared to INR 8,671.492 million a year ago. Profit for the period was INR 383.609 million compared to INR 558.887 million a year ago. Basic and diluted earnings per share was INR 2.23 compared to INR 3.25 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 
