ITD Cementation Nets $67.4 Mn Abu Dhabi Marine Deal—Global Infra Play Gains Depth

ITD Cementation India Ltd. has clinched a prestigious $67.4 million (₹580 crore) international marine contract for jetty construction works tied to the Ruwais LNG project in Abu Dhabi. The company confirmed the award on June 27, 2025, marking a significant addition to its overseas order book and reinforcing its credentials in marine infrastructure engineering.

 

This contract follows a string of recent domestic wins, including ₹960 crore worth of projects in Kerala and West Bengal. The Abu Dhabi deal is part of ITD’s strategy to diversify geographically and tap into high-value EPC opportunities in the Middle East.

 

The company’s Q4 FY25 results showcased a 27% YoY jump in net profit to ₹113.6 crore, with revenue rising nearly 10% to ₹2,478.7 crore. Operating margins improved to 10.5%, and the board declared a ₹2 per share dividend for FY25.

 

Key Highlights:

Contract value: $67.4 million (₹580 crore)

 

Project: Jetty construction for Ruwais LNG, Abu Dhabi

 

Strategic focus: Marine infra, global diversification

 

Q4 FY25 profit: ₹113.6 Cr (+27% YoY)

 

Dividend: ₹2/share for FY25

 

Source: CNBC TV18