Major Cement Companies Report Volume Growth, Revenue Muted

13 Aug 2024 CW Team

Major cement companies have reported growth in sales volumes for the June quarter. However, revenue remains subdued due to lower cement prices impacting overall earnings.

Key Details:

Volume Growth: The cement sector has experienced an increase in sales volumes, indicating a rise in construction and infrastructure activities.

Revenue Impact: Despite the volume growth, revenues are muted due to a decrease in cement prices. Lower pricing pressures have affected profit margins and overall financial performance.

Market Dynamics: The industry faces a challenging pricing environment, which has tempered the positive impact of higher sales volumes on revenue.

Economic Influence: The muted revenue performance reflects broader economic trends and market conditions affecting the construction sector, including fluctuating demand and cost pressures.

Future Outlook: Companies are focusing on optimizing operations and exploring strategies to improve profitability amidst ongoing pricing pressures and market fluctuations.

Overall, while major cement companies are seeing increased sales volumes, the impact of lower prices on revenue underscores the need for strategic adjustments to sustain financial performance.

Infrastructure Transport

01 Jun 2026

MMRDA advances 250 m on Orange Gate–Marine Drive tunnel

The Mumbai Metropolitan Region Development Authority (MMRDA) has completed 250 m of underground tunnelling for the Orange Gate–Marine Drive Urban Road Tunnel using India’s largest slurry shield tunnel boring machine (TBM) deployed for an urban road project.The project involves twin tunnels extending over 7 km beneath critical transport corridors, including Central Railway, Western Railway and Metro Line 3. The work requires high-precision engineering to navigate densely developed urban infrastructure.Once completed, the tunnel is expected to reduce travel time between Orange Gate and Marin..

Hindustan Zinc Pays Rs 188.46 Billion in FY26

Hindustan Zinc contributed Rs 188.46 billion to the public exchequer in FY 2025-26, according to its 9th Tax Transparency Report. The contribution, equivalent to 46 per cent of the company’s revenue, included direct and indirect taxes, government royalties, dividends to the Government of India, withholding taxes and other statutory levies.The company’s five-year cumulative contribution to the exchequer stood at Rs 915.72 billion. In FY26, Hindustan Zinc reported revenue of Rs 408.44 billion, EBITDA of Rs 221.62 billion and profit after tax of Rs 138.32 billion. It also achieved its highest..

World of Concrete India 2026 Opens in Mumbai

Informa Markets in India will host the 12th edition of World of Concrete India 2026 from 3–5 June 2026 at the Bombay Exhibition Centre, Mumbai. The specialised B2B exhibition will bring together manufacturers, suppliers, contractors, developers, architects, consultants, infrastructure companies, project leaders and government stakeholders.The event is expected to feature over 350 brands and more than 18,000 trade professionals. It will cover concrete and cement, dry mortar, precast technologies, formwork, construction chemicals, industrial and commercial flooring, scaffolding, safety solutio..