ADVERTISEMENT
Cost Cuts May No Longer Drive Cement Makers As Demand Rises
As demand in the economy returns to pre-Covid levels, the focus will be back on the core business of cement firms.
28 Oct 2020, 10:58 AM IST
Cost cuts and pricing discipline aided earnings of pan-India cement makers in the second quarter. Yet, as demand in the economy returns to pre-Covid levels, the focus will be back on the core business.Fuel and logistics costs are rising again and could impact pricing power. It comes at a time when cement consumption in urban areas is also returning to normalcy.In the quarter ended September, according to a presentation by UltraTech C...
I’m already a Subscriber Sign In
To continue reading this story
Subscribe to unlock & enjoy all Members-only benefits
Choose a plan
Renews automatically. Cancel anytime.
As a Subscriber you get
Full Access to
NDTV Profit App
Exclusives
Premium Stories
Access to
Stories
Curated
Newsletters
20,000+
Research Reports
Priority Pass
to Special Events
Minimal Ad
Experience
Members-Only
Rewards
Still Not convinced ? Know More
Get live Stock market updates, Business news, Today’s latest news, Trending stories, and Videos on NDTV Profit.
ADVERTISEMENT