+
ICRA forecasts 18-20% Indian cement sales volume growth in 2022
Cement

ICRA forecasts 18-20% Indian cement sales volume growth in 2022

The Indian cement industry's sales volumes have been estimated to rise by 18-20 per cent year-on-year in the FY22 and surpass FY20’s pre-covid-19 outbreak levels by 6 per cent, according to ICRA. In the first nine months of the 2022 financial year, fuel and electricity costs rose by 31 per ce...

The Indian cement industry's sales volumes have been estimated to rise by 18-20 per cent year-on-year in the FY22 and surpass FY20’s pre-covid-19 outbreak levels by 6 per cent, according to ICRA. In the first nine months of the 2022 financial year, fuel and electricity costs rose by 31 per cent, raw materials costs by 12 per cent and logistics costs by 5 per cent. This offset a 5 per cent net sales rise resulting in an operating profit before interest, taxes, depreciation and amortisation (OPBITDA) per tonne of cement of $14.70, down by 10 per cent year-on-year. ICRA forecast a further decline in full-year OPBITDA per tonne of 16-18 per cent to $13.50-13.80 per tonne in the FY22.Contact: ICRAE-mail: Communications@icraindia.comTel: 0124-4545 860Website: www.icra.in

Next Story
Infrastructure Urban

Eicher Delivers First 13.5 m Electric Intercity Sleeper Bus

Eicher Trucks & Buses, a business unit of VE Commercial Vehicles Ltd., has recently delivered its first 13.5 m electric intercity sleeper bus, marking a key milestone in India’s long-distance electric mobility segment. The first bus is being operated by LeafyBus, with plans to deploy 35 buses by March 2026 across high-demand intercity corridors in North India.The initial deployment will cover routes such as Delhi–Dehradun and Delhi–Lucknow, supporting LeafyBus’ expansion across environmentally sensitive and high-density travel corridors.Commenting on the partnership, Suresh Chettia..

Next Story
Infrastructure Urban

HCSS Showcases Unified Construction Platform at CONEXPO 2026

HCSS will recently present the next evolution of its connected construction management platform at CONEXPO-CON/AGG 2026, bringing together construction workflows, data and teams on a single platform across the entire project lifecycle. The event will be held from 3–7 March 2026 in Las Vegas, Nevada. HCSS will host two booths at the show, demonstrating how its integrated software ecosystem enables seamless collaboration between the office, field and shop, from bid stage through to project closeout. Steve McGough, President and CEO, HCSS, said, “For 40 years, we’ve done everything within..

Next Story
Building Material

Berger Paints Q3 Profit Declines Despite Volume Growth

Berger Paints India has reported a mixed performance for the quarter ended 31 December 2025, with healthy volume growth and margin improvement offset by softer demand conditions and cost pressures. On a consolidated basis, revenue from operations for the quarter stood at Rs 29,840 million, compared to Rs 29,751 million in the corresponding quarter last year, reflecting a marginal increase of 0.3 per cent. EBITDA (excluding other income) was Rs 4,710 million, slightly lower than Rs 4,717 million a year earlier. Net profit declined by 8.3 per cent to Rs 2,713 million from Rs 2,960 million. Sta..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Open In App