This marks a slowdown following a compound annual growth rate of around 11 per cent between fiscals 2022 and 2024. Despite the tempered growth, the operating profitability of cement companies is anticipated to remain stable at Rs 975-1,000 per tonne, which is above the decadal average of Rs 963 per tonne.
The first quarter of this fiscal saw cement demand increase by only 3 per cent, attributed to an extended heatwave and labor shortages during the general elections. A similar growth pattern is estimated for the second quarter due to seasonal factors.
A rebound in rural housing demand, supported by a healthy monsoon, is expected to drive growth in the housing segment, which constitutes 55-60 per cent of cement demand.
この記事は The Business Guardian の October 15, 2024 版に掲載されています。
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この記事は The Business Guardian の October 15, 2024 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
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