HomeNewsBusinessCompaniesUnion Budget 2012: Heidelberg to pass part of rail freight hike to customers

Union Budget 2012: Heidelberg to pass part of rail freight hike to customers

The railway freight has been recently hiked to 20%, so margins of Heidelberg would be under pressure going forward because it has not been to pass any significant cost increases to its customers in the last few quarters.

March 12, 2012 / 12:39 IST
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The cement industry is heading towards the pre-monsoon, which is traditionally a period of increased demand. Heidelberg Cements also expects demand to pick up in the coming quarters.

Ashish Guha, managing director and chief executive officer, Heidelberg Cements told CNBC-TV18 that though the overall demand scenario has not been as expected, the company is hopeful of seeing better demand ahead.
first published: Mar 9, 2012 01:12 pm

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