Cemindia Projects Limited (formerly ITD Cementation India Limited) announced its unaudited financial results for the quarter and nine months ended December 31, 2025. For the third quarter of FY26, the company reported a consolidated revenue of ₹2,315 crore, a 2.0% increase year-on-year. Consolidated EBITDA grew by 12.8% to ₹245 crore, with an EBITDA margin of 10.6%. Profit After Tax (PAT) for the quarter rose by 27.4% to ₹111 crore, resulting in a PAT margin of 4.8%. For the nine months ended December 31, 2025, consolidated revenue was ₹7,087 crore, a 5.6% increase year-on-year. Consolidated EBITDA for the period was ₹749 crore, up 12.0%, and PAT was ₹356 crore, a 37.1% increase. The company's order book stood at ₹21,879 crore as of December 31, 2025. In Q3 FY26, new orders worth ₹3,535 crore were secured, bringing the total for the nine months to ₹9,725 crore. Key project updates include the completion of the underground section of the Kolkata Underground Metro, the new building for the Circuit Bench of Calcutta High Court, the entire tunnelling work for the Bengaluru Underground Metro, and tunnelling work from Sivok to Rangpo. During the year, Cemindia Projects received rating upgrades from CARE (to CARE A+ Stable) and ICRA (to ICRA A+ Stable). As of December 31, 2025, consolidated Net Worth was ₹2,159 crore, with Net Debt of ₹563 crore, resulting in a Net Debt to Equity ratio of 0.26x. Mr. Jayanta Basu, Managing Director, commented that the company reported robust performance supported by effective project execution, a balanced order mix, and disciplined cost management. He expressed confidence in sustaining growth and creating long-term value.
