17 per cent revenue growth for cement firms

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.