CRISIL report – Vishwakarma Guru Construction

Cement demand to grow by 7-8% this fiscal, profitability remains strong despite slow start: CRISIL report – ET Infra

Leave a Comment / Construction / Vishwakarma Guru Construction

The demand for cement is expected to increase at a slower rate this fiscal year, by 7-8%, to 475 million tons (MT), following a compound annual growth rate of 11% from fiscal 2022 to 2024, according to CRISIL reports. However, cement companies’ operating profitability is probably going to remain between Rs 975 and Rs 1,000 […]

Cement demand to grow by 7-8% this fiscal, profitability remains strong despite slow start: CRISIL report – ET Infra Read More »

Cement prices to dip 1-3% this FY despite demand: CRISIL report – ET Infra

MUMBAI: After seeing a 4 pre cent compound annual growth rate (CAGR) over the previous four years and reaching an all-time high of Rs 391 per 50 kg bag last fiscal, cement prices are expected to decrease by 1-3% this fiscal. Hetal Gandhi, Director – Research, CRISIL Market Intelligence and Analytics said, “CRISIL MI&A Research