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After witnessing price-led revenue growth during H1 FY21 due to lockdown impact, cement firms are expected to report volume-led revenue growth in Q3 FY21.
Sustained demand from individual housing in semi urban and rural region and healthy pick-up in infra activities from September 2020 onwards would aid growth in volumes in Q3 FY21.
In the current fiscal, at all-India level, cement dispatches are expected to report first-ever growth during the quarter.
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