cement sector growth
Cement Sector Set for Strong Q3 Growth on Infrastructure and Rural Demand
India’s cement industry is expected to deliver healthy revenue growth in Q3FY25-26, supported by infrastructure spending, rural demand recovery, and steady housing activity,...
Dalmia Cement Gains Major Relief as Tamil Nadu Drops Tax Demand
Tamil Nadu tax authorities have withdrawn tax and penalty demands totalling Rs 266.3 crore against Dalmia Cement, offering significant relief after detailed scrutiny...
ACC Q2 profit jumps fivefold to Rs 1,119 crore on strong cement demand and higher sales
ACC Ltd’s Q2 profit rose fivefold to Rs 1,119 crore on robust cement demand and higher sales, with revenue up 30% to Rs...
Sagar Cements Announces Rs 470 Crore Expansion in Andhra Pradesh, Strengthens Green Energy Initiatives
Sagar Cements announces Rs 470 crore expansion across Jeerabad, Gudipadu, and Dachepalli plants in Andhra Pradesh, adding 0.75 MT capacity. Dachepalli’s 6-stage preheater...
JK Lakshmi Cement Merges Udaipur Cement Works to Boost Efficiency and Market Reach
In an important movement within the organizational and market competition, JK Lakshmi Cement had merged its entire owned subsidiary, Udaipur Cement Works Limited...
Nuvoco Vistas Acquires Vadraj Cement for ₹1,800 Cr, Expands Capacity by 20%
Nuvoco Vistas Corp, the cement arm of the Nirma Group, has completed the ₹1,800 crore acquisition of Vadraj Cement, a debt-laden Gujarat-based company...
Cement Industry Expected to Rebound in Q3 FY25 as Volumes and Prices Steady
Volumes and prices will stabilize, hence the cement sector is likely to recover in Q3 FY25, which comprises the October-December 2024 quarter. Following...
Cement Manufacturers Eye Price Hike in January Amid Construction Activity Surge
Cement makers are contemplating a price hike of ₹7 to ₹10 per bag in January, driven by improving demand and a pick-up in...
