Deccan Cements reported weak first quarter numbers which CFO RVA Narasimha Rao attributed to 15 percent YoY and 4 percent quarter-on-quarter (QoQ) decline in prices apart from weak demand.
The company is targeting to maintain EBITDA margins at 20 percent, says RVA Narasimha Rao, CFO, Deccan Cement.
The company sold about 6.7 lakh tonnes in the first half of this fiscal, says RVA Narasimha Rao, CFO of Deccan Cements.