ITD Cementation India Limited Reports Unaudited Standalone and Consolidated Earnings Results for the First Quarter Ended March 31, 2017
May 11, 2017 at 05:13 am EDT
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ITD Cementation India Limited reported unaudited standalone and consolidated earnings results for the first quarter ended March 31, 2017. For the quarter, on standalone basis, total income from operations were INR 5,183.264 million against INR 9,657.095 million a year ago. Profit before tax was INR 318.121 million against INR 344.532 million a year ago. Net profit was INR 151.674 million or INR 0.98 basic and diluted per share against INR 217.557 million or INR 1.40 basic and diluted per share a year ago.
For the quarter, on consolidated basis, total income from operations were INR 5,234.443 million against INR 9,731.786 million a year ago. Profit before tax was INR 319.322 million against INR 347.030 million a year ago. Net profit was INR 152.617 million or INR 0.98 basic and diluted per share against INR 219.115 million or INR 1.40 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.
ITD CEMENTATION INDIA LIMITED 
