- Home
- Building Material
- Cement
- 17 per cent revenue growth for cement firms
Share
17 per cent revenue growth for cement firms
01 Aug 2012
1 Min Read
Editorial Team
Cement companies in Q1FY13 is expected to post revenue growth of over 17 per cent yoy in the quarter ending June 2012 as volumes grow 9.5 per cent YoY while realisations are estimated to grow by over 7.3 per cent YoY, according to Emkay Global Financial Services. Although April volume growth took a hit due to sand mining ban implemented in various states across Northern and Southern region, the dip in volumes is controlled by low base and delayed monsoons in June leading to better offtake.
Cement companies in Q1FY13 is expected to post revenue growth of over 17 per cent yoy in the quarter ending June 2012 as volumes grow 9.5 per cent YoY while realisations are estimated to grow by over 7.3 per cent YoY, according to Emkay Global Financial Services. Although April volume growth took a hit due to sand mining ban implemented in various states across Northern and Southern region, the dip in volumes is controlled by low base and delayed monsoons in June leading to better offtake.
Related Stories
02 Nov 2023
Gold Stories
02 Nov 2023
Opinion Poll
Question : Which technological advancement do you believe will most transform the real estate industry in the coming years?
Live Results :
Virtual Reality and 3D Property Tours
Smart Home and Building Automation
Blockchain for Property Transactions
Big Data and Predictive Analytics for Market Insights
Augmented Reality for Property Staging and Design
Drone Technology for Aerial Photography and Site Analysis
Latest updates
26 Apr 2024
26 Apr 2024