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Major cement companies report volume growth in June qtr, revenue remains muted due to lower price
Update / Judgement Date
12 Aug 2024
Source
Author
Team — WCP Legal Desk
Reading Time
1 min read
Major cement companies in India reported significant volume growth in the June quarter, driven by increased construction activity. However, revenue growth remained muted due to lower cement prices and rising input costs. The industry is facing margin pressures, highlighting the challenges of balancing volume growth with profitability in a competitive market.