Cement companies' 02 profitability to surge on strong volume

19 Oct 2023 CW Team

Indian cement producers are gearing up for a prosperous September quarter, as they project remarkable year-on-year volume growth and the added benefit of reduced power and fuel costs. Analysts predict that the industry's average profitability is poised to surge by a minimum of 50 percent when compared to the previous year.

While some dip in operating margins is expected due to seasonally weaker demand, the year-on-year figures are projected to exhibit an impressive increase, potentially rising by as much as 400 to 600 basis points on average. Notably, ACC and Ambuja Cements are expected to achieve the most significant EBITDA expansion, primarily attributed to a lower base.

Systematix Institutional Equities reported, "ACC and Ambuja would witness higher EBITDA expansion due to a low base, while we expect Ultratech, Shree Cement, and Dalmia Bharat to experience a margin expansion in the range of ?7 to ?12 per ton." Robust cement demand, estimated to grow by 12 to 14 percent year-on-year, has been sustained by state-level spending in anticipation of upcoming elections, coupled with the impending central elections. Cement producers appear set to reap substantial rewards in the forthcoming quarter.

Real Estate

02 Apr 2026

Indian real estate attracts USD 1.4 bn institutional investments in Q1 2026: Vestian

Institutional investments in India’s real estate sector touched USD 1.4 billion in Q1 2026, marking the highest first-quarter inflow since 2022, according to Vestian. While investments fell 62 per cent quarter-on-quarter due to an exceptionally high base in the previous quarter, they rose 74 per cent compared to the same period last year, reflecting sustained investor confidence despite rising geopolitical and macroeconomic challenges.Commercial real estate remained the key driver of investment activity during the quarter, accounting for 80 per cent of total inflows, sharply higher than 38 p..

VECV crosses 1 lakh annual vehicle sales milestone in FY26

VE Commercial Vehicles (VECV), a joint venture between Volvo Group and Eicher Motors, has surpassed the 1 lakh annual sales mark in FY 2025–26, recording its highest-ever commercial vehicle sales performance. The company said it sold more than 100,000 vehicles during the year, marking a major milestone aligned with the original vision of the Volvo–Eicher joint venture.The strong performance was supported by demand across categories. Light and Medium Duty (LMD) trucks contributed 47,789 units, accounting for 46.1 per cent of total sales. Heavy Duty (HD) trucks recorded 26,867 units (25.9 pe..

Rodic Digital & Advisory partners SatSure to deploy EO intelligence in public sector

Rodic Digital & Advisory (RDA), the strategic advisory and digital transformation arm of Rodic Consultants, has signed a strategic cooperation Memorandum of Understanding (MoU) with SatSure to jointly pursue opportunities in India’s public sector. The collaboration aims to integrate high-resolution Earth Observation (EO) data and geospatial AI into government workflows to strengthen monitoring, compliance, and operational decision-making across key sectors.The partnership combines SatSure’s Earth intelligence capabilities with RDA’s expertise in government digital transformation and ..