ITD Cementation India Limited has informed the Exchange regarding a press release dated Jun 27, 2025, titled ": ITD Cementation India Limited Secured International Marine Contract Worth US Dollar 67.4 Million equivalent to Rs 580 Crore".
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ITD Cementation India Limited has won an international marine contract valued at US$ 67.4 million (approximately Rs 580 crore). The work involves jetty construction for the Ruwais LNG project in Abu Dhabi. The contract is part of the company's ordinary course of business. The win adds to ITD Cementation's order book in its core maritime structures segment and marks another overseas project for the company, which has expertise in heavy civil, infrastructure, and EPC works.
This is a positive development as it strengthens the company's international order pipeline and adds hard-currency revenue visibility. Shareholders can view this as a sign of continued competitiveness in the global marine infrastructure space, though the size is moderate relative to typical large order wins.