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The revenue growth for construction companies in FY2025 is projected at 8-10 per cent, down from the earlier estimate of 12-15 per cent, according to ICRA....
Despite this expansion, capacity utilisation is forecasted to remain moderate.
Muted demand lowers FY25 growth forecast
Lok Sabha elections are done. The results are out. Those who have won are celebrating and those who have lost are recouping. But the political tug-of-war...
Capital expenditure is budgeted at Rs 10 tn constituting 3.3% of GDP
Strong demand is anticipated to result in a 7-8 per cent volume growth for cement producers in FY23, but operating profit margins may drop because of...
According to ratings agency ICRA, the Indian cement industry’s sales volumes will increase by 18 to 20 per cent year on year in the 2022 financial...
As per research firm ICRA’s report on the cement sector, the average wholesale cement prices have increased by 8-12 per cent in select markets like Chandigarh,...
As per research firm ICRA’s report on the cement sector, the average wholesale cement prices have increased by 8-12 per cent in select markets like Chandigarh,...
Rating agency ICRA expects cement companies to suffer from strain on their profitability in the coming quarter because of weak demand and the hike in rail...
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