India Cements narrows Q2 loss on revival in demand
India Cements reported a much smaller Q2 loss of ₹68.8 million compared to ₹3,390 million a year ago, driven by ~11% revenue growth and improved pricing. Domestic sales volumes rose ~12% quarter-on-quarter. The result signals recovery in construction demand as macro conditions ease. The stock saw modest buying after the numbers. Analysts expect focus will shift to cost control and margin recovery in the coming quarters.
positive
2 days ago
India Cements narrows Q2 loss on revival in demand
India Cements reported a much smaller Q2 loss of ₹68.8 million compared to ₹3,390 million a year ago, driven by ~11% revenue growth and improved pricing. Domestic sales volumes rose ~12% quarter-on-quarter. The result signals recovery in construction demand as macro conditions ease. The stock saw modest buying after the numbers. Analysts expect focus will shift to cost control and margin recovery in the coming quarters.
positive
India Cements narrows Q2 loss on revival in demand
2 days ago
1 min read
66 words
India Cements cuts quarterly loss sharply amid demand rebound and pricing gains.
India Cements reported a much smaller Q2 loss of ₹68.8 million compared to ₹3,390 million a year ago, driven by ~11% revenue growth and improved pricing. Domestic sales volumes rose ~12% quarter-on-quarter. The result signals recovery in construction demand as macro conditions ease. The stock saw modest buying after the numbers. Analysts expect focus will shift to cost control and margin recovery in the coming quarters.
India Cements reported a much smaller Q2 loss of ₹68.8 million compared to ₹3,390 million a year ago, driven by ~11% revenue growth and improved pricing. Domestic sales volumes rose ~12% quarter-on-quarter. The result signals recovery in construction demand as macro conditions ease. The stock saw modest buying after the numbers. Analysts expect focus will shift to cost control and margin recovery in the coming quarters.