Page 3 - Cement Production

Covid-19 impact: Retail demand for cement, steel goes missing amid lockdown

While companies are unable to move material, dealers continue to suffer due to absence of any business

Covid-19 impact: With retail shut, cement and stocks pile up at factories

Starting construction may have no impact on demand if the loha and cement mandis don't open

Rise in petroleum production drives core sector output to 11-month high

Grows by 5.5% in Feb, driven by petroleum production, rise in electricity output

India Cements reports pre-tax profit of Rs 4.42 crore over reduced costs

The performance was impacted by the fall in sales due to subdued demand in Andhra Pradesh and Telangana

Q2 earnings preview: Long rain spells bad news for cement companies

The current financial year has so far been an anomaly for the cement sector with a decline in demand growth seen in Q1

Street cuts FY20 growth estimate as demand woes continue for cement players

Prices remain on a declining trajectory, slowdown in government projects led by delay in payments continues to hurt industry

Cement demand growth may nearly halve to 7% in FY20 on weak Q1 offtake

The bright side is that manufacturers could also benefit as average prices in FY20 are likely to be better than FY19, while costs are likely to be lower

Cement production expected to grow at 6-7% this fiscal year: Report

However, rising costs are likely to put pressure on the operating profitability of cement firms in the coming quarters