Economy & Market

Realty revenues likely to fall by about 5 per cent

Published

15 years ago

January 10, 2011

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Real estate companies are likely to see their revenues fall by about 5 per cent in the July-September period due to increase in cost of inputs like cement. During the same period, airline companies are likely to see EBITDA margins decline sharply to 10 per cent from 22 per cent last year due to higher aviation turbine fuel costs, says CRISIL Research. According to the report, companies are likely to post a year-on-year (y-o-y) revenue growth of around 15 per cent, as compared to 19 per cent in the preceding quarter and 22 per cent in the corresponding quarter last year. During the July-September period, EBITDA margins are likely to fall to 18.6 per cent from 19.6 per cent last year. The report is based on an analysis of the aggregate financial performance of select companies across 21 industries (excluding banks and oil companies). Some of the reasons for the moderation in revenue growth and lower EBITDA margins in the second quarter of the current fiscal are decline in consumer confidence, high inflation, rising interest rates and slowdown in investment growth. For the construction sector, revenue growth is likely to see a y-o-y slow down to around 11 per cent, while EBITDA margins are projected to decline by 100 basis points to 9.6 per cent due to steep increase in prices of key inputs, mainly cement and steel.

Concrete

Cement industry to gain from new infrastructure spending

Published

1 week ago

July 24, 2025

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As per a news report, Karan Adani, ACC Chair, has said that he expects the cement industry to benefit from the an anticipated US$2.2tn in new public infrastructure spending between 2025 and 2030. In a statement he said that ACC has crossed the 100Mt/yr cement capacity milestone in April 2025, propelling the company to get closer to its ambitious 140Mt/yr target by the 2028 financial year. The company’s capacity corresponds to 15 per cent of an all-India installed capacity of 686Mt/yr.

Image source:https://cementplantsupplier.com/cement-manufacturing/emerging-trends-in-cement-manufacturing-technology/

Concrete

AI boom drives demand, says ACA

Published

1 week ago

July 24, 2025

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The American Cement Association projects a nearly 1Mt annual increase in US cement demand over the next three years, driven by the surge in AI data centres. Consumption by data centres is expected to grow from 247,000 tonnes in 2025 to 860,000 tonnes by 2027. With over 5,400 AI data centres currently operating and numbers forecast to exceed 6,000 by 2027, the association cautions that regulatory hurdles and labour shortages may impact the industry’s ability to meet demand.

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Concrete

GoldCrest Cement to build plant in India

Published

1 week ago

July 23, 2025

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GoldCrest Cement will build a greenfield integrated plant with a 3.5Mt/yr clinker capacity and 4.5Mt/yr cement capacity. GoldCrest Cement appointed Humboldt Wedag India as engineering, procurement and construction contractor in March 2025 and targets completion by March 2027. It has signed a 40-year supply agreement with Gujarat Mineral Development Corporation for 150Mt of limestone from its upcoming Lakhpat Punrajpur mine in Gujarat.