Bhogapuram Airport Set For Take Off After Licence Issued
Auto Sector To Grow 22-24 Per Cent In Q1 FY27
Credit Rating Information Services of India (Crisil) estimated that India's automobile sector is expected to report revenue growth of 22-24 per cent year-on-year in the first quarter of FY27 and to be among the largest contributors to corporate revenue growth in the quarter. The agency estimated overall corporate revenue to have grown 11-11.5 per cent year-on-year in the quarter ended 30 June 2026, the fastest pace in two years despite supply chain disruptions and higher input costs from the West Asia conflict. This compared with growth of 9.6 per cent in the preceding quarter. Crisil said the..
Nomura Sees Q1 Pressure On Cement Margins; Backs Major Players
Nomura said cement margins will be under pressure in the June quarter as fuel and packaging costs rose, although volume growth is expected to remain healthy. The brokerage forecast six to seven per cent year-on-year organic volume growth for the Indian cement industry in the period, with Shree Cement identified as likely to post the highest growth at 15 per cent year-on-year. It noted that the West and North regions outperformed on pricing, aiding companies with greater exposure in those markets. Average trade prices improved three per cent sequentially to around Rs 326 per bag after price inc..
Shree Cement Forecasts Higher Costs For Financial Year 2026-27
Shree Cement has warned that production costs will rise sharply in financial year 2026-27 as global supply chain disruptions and geopolitical tensions increase prices of key inputs. In its annual report the company said that while input costs remained largely stable during the first half of 2025-26, prices of raw materials began to trend upward from the start of the second half. The company attributed a late fiscal year spike in the cost of coal, petcoke, packing bags and other materials to disruptions linked to tensions in West Asia. The company said that the major impact of this intense incr..

