ITD Cementation India Limited Reports Unaudited Standalone and Consolidated Earnings Results for the First Quarter Ended March 31, 2018
May 10, 2018 at 07:40 am EDT
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ITD Cementation India Limited reported unaudited standalone and consolidated earnings results for the first quarter ended March 31, 2018. For the quarter, on standalone basis, income from operations was INR 5,032.238 million against INR 5,183.264 million a year ago. Profit before exceptional items and tax was INR 283.399 million compared with INR 318.121 million a year ago. Profit before tax was INR 283.399 million against INR 318.121 million a year ago. Profit for the period was INR 268.368 million or INR 1.61 basic and diluted per share against INR 151.674 million or INR 0.98 basic and diluted per share a year ago. Total income was INR 5,113.859 million against INR 5,257.748 million a year ago.
For the quarter, on consolidated basis, income from operations was INR 6,547.313 million against INR 5,234.443 million a year ago. Profit before exceptional items, share of profit of joint ventures and tax was INR 318.412 million compared with INR 486.902 million a year ago. Profit before exceptional items and tax was INR 327.645 million compared with INR 319.322 million a year ago. Profit before tax was INR 327.645 million against INR 319.322 million a year ago. Profit for the period was INR 283.752 million or INR 1.61 basic and diluted per share against INR 152.617 million or INR 0.98 basic and diluted per share a year ago. Total income was INR 6,632.210 million against INR 5,308.934 million 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 
