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Cement Q3 Results Preview - Axis Securities Projects Positive Outlook; Ambuja, JK Cement Among Top Stock Picks

Cement demand is expected to grow in the range of 4%-6% in FY25, driven by the government's focus on infrastructure development and sustained real estate activity.

<div class="paragraphs"><p>Cement demand is expected to grow in the range of 4%-6% in FY25, driven by the government's focus on infrastructure development and sustained real estate activity. </p><p>Cement bags lying inside a warehouse in Jogeshwari, Mumbai. (Source Vijay Sartape/ NDTV Profit)</p></div>
Cement demand is expected to grow in the range of 4%-6% in FY25, driven by the government's focus on infrastructure development and sustained real estate activity.

Cement bags lying inside a warehouse in Jogeshwari, Mumbai. (Source Vijay Sartape/ NDTV Profit)

For companies under coverage, volume growth is expected to be around 7%, with flattish revenue growth. However, Ebitda and PAT are likely to decline by 20% and 50%, respectively, due to soft prices on a YoY basis.
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