ITD Cementation India Limited Reports Unaudited Standalone and Consolidated Earnings Results for the Quarter and Nine Months Ended September 30, 2018
October 31, 2018 at 11:31 am EDT
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ITD Cementation India Limited reported unaudited standalone and consolidated earnings results for the quarter and nine months ended September 30, 2018. On standalone basis, for the quarter, the company has posted income from operation of INR 4,148.29 million against INR 4,137.2 million a year ago. Total income was INR 4,206.385 million against INR 4,173.473 million a year ago. Profit before exceptional items and tax was INR 429.8 million against INR 293.92 million a year ago. Profit before tax was INR 429.814 million against INR 293.9 million a year ago. Profit for the period was INR 272.70 million or INR 1.59 basic and diluted per share against INR 191.2 million or INR 1.23 basic and diluted per share a year ago.
On standalone basis, for the nine months, the company has posted income from operation of INR 13,703.730 million against INR 14,054.8 million a year ago. Total income was INR 13,895.0 million against INR 14,251.5 million a year ago. Profit before exceptional items and tax was INR 1,174.8 million against INR 908.5 million a year ago. Profit before tax was INR 1,174.8 million against INR 908.5 million a year ago. Profit for the period was INR 827.2 million or INR 4.87 basic and diluted per share against INR 550.1 million or INR 3.55 basic and diluted per share a year ago.
On consoldiated basis, for the quarter, the company has posted income from operation of INR 6,203.8 million against INR 4,729.8 million a year ago. Total income was INR 6,265.1 million against INR 4,771.4 million a year ago. Profit before exceptional items and tax was INR 435.07 million against INR 298.2 million a year ago. Profit before tax was 435.07 million against INR 298.2 million a year ago. Profit for the period was INR 273.6 million or INR 1.59 basic and diluted per share against INR 192.90 million or INR 1.23 basic and diluted per share a year ago.
On consoldiated basis, for the nine months, the company has posted income from operation of INR 19,279.8 million against INR 14,855.9 million a year ago. Total income was INR 19,483.0 million against INR 15,058.0 million a year ago. Profit before exceptional items and tax was INR 1,234.4 million against INR 913.77 million a year ago. Profit before tax was INR 1,234.4 million against INR 913.77 million a year ago. Profit for the period was INR 846.4 million or INR 4.87 basic and diluted per share against INR 552.68 million or INR 3.55 basic and diluted per share 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.