Strong sales volumes and operating leverage drove profits of India’s top cement firms in the third quarter of the current financial year (Q3 FY26).Profits improved even as prices and realisations remained under pressure due to rationalisation of goods and services tax (GST) rates and the absence of fresh price hikes.On the demand front, extended monsoon, festive and election-related disruptions weighed on sales in the first half of the quarter.
Indian Cement Firms Post Profit Growth Amid Demand Disruptions
Business Standard•
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Publisher: Business Standard
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