Itd Cementation India Limited Reports Earnings Results for the Third Quarter Ended December 31, 2020
February 11, 2021 at 07:40 am EST
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ITD Cementation India Limited announced earnings results for the third quarter ended December 31, 2020. For the third quarter, the company announced total revenue was INR 7,926.847 million compared to INR 7,083.347 million a year ago. Net income was INR 299.8 million compared to INR 102.672 million a year ago. Basic earnings per share from continuing operations was INR 1.75 compared to INR 0.6 a year ago. For the nine months, total revenue was INR 17,505.965 million compared to INR 21,248.618 million a year ago. Net loss was INR 367.522 million compared to net income of INR 486.247 million a year ago. Basic loss per share from continuing operations was INR 2.14 compared to basic earnings per share from continuing operations of INR 2.83 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 
