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GST 2.0: Cement makers will have to balance price cuts with healthy margins

The GST council has slashed the rate on cement from 28% to 18%. After a dull FY25, cement manufacturers were hoping to raise prices this fiscal, counting in on higher demand from real estate and infrastructure segments

JSW Cement Standalone June 2025 Net Sales at Rs 1,445.22 crore, up 4.89% Y-o-Y

Cement GST rate cut expected to spur festive season demand, cut construction costs

The GST Council cut the goods and services tax rate on cement to 18 percent from 28 percent

Backed by price support, cement sector looks at earnings upturn in ongoing fiscal after damp FY25

Cement prices in southern India, a highly fragmented and competitive market, rose the highest, followed by the east, driven by higher infrastructure spending by states like Andhra Pradesh as well as stability after a frenetic year of mergers and acquisitions

Can't yet challenge cement majors in M&A, says JSW Cement's Parth Jindal, instead will focus on organic growth

JSW Cement's Parth Jindal said the company would focus on greenfield projects as well as brownfield expansion to reach its near-term capacity target of 41.85 million tonne per annum (MTPA), compared to 20.60 MTPA at the end of FY25.

RIL, Adani, Tata, others look to partner NPCIL in nuclear energy push to lower emissions

The government has called bids for setting up Bharat Small Reactors to decarbonise high-emission industries such as steel and aluminium. It expects at least Rs 35,000 crore in investments from the private sector

Ultratech Cement Q1 PAT seen up 55.7% YoY to Rs. 2,569.2 cr: Prabhudas Lilladher

Net Sales are expected to increase by 16.5 percent Y-o-Y (down 3.4 percent Q-o-Q) to Rs. 20,423.5 crore, according to Prabhudas Lilladher.

Shree Cement Q1 PAT seen up 66.3% YoY to Rs. 528.3 cr: Prabhudas Lilladher

Net Sales are expected to increase by 8 percent Y-o-Y (down 0.4 percent Q-o-Q) to Rs. 5,219.2 crore, according to Prabhudas Lilladher.

Nuvoco Vistas Corporation Q1 PAT seen up 3,845.1% YoY to Rs. 112 cr: Prabhudas Lilladher

Net Sales are expected to increase by 4.1 percent Y-o-Y (down 9.8 percent Q-o-Q) to Rs. 2,743.8 crore, according to Prabhudas Lilladher.

Dalmia Bharat Q1 PAT seen up 36% YoY to Rs. 306.6 cr: Prabhudas Lilladher

Net Sales are expected to increase by 1.5 percent Y-o-Y (down 10.2 percent Q-o-Q) to Rs. 3,673.8 crore, according to Prabhudas Lilladher.

Ambuja Cement Q1 PAT seen up 35.4% YoY to Rs. 1,069.3 cr: Prabhudas Lilladher

Net Sales are expected to increase by 10.4 percent Y-o-Y (down 7.2 percent Q-o-Q) to Rs. 9,176.1 crore, according to Prabhudas Lilladher.

ACC Q1 PAT seen up 41.9% YoY to Rs. 1,815.6 cr: Prabhudas Lilladher

Net Sales are expected to increase by 8.9 percent Y-o-Y (down 7.5 percent Q-o-Q) to Rs. 5,611.9 crore, according to Prabhudas Lilladher.

Nuvoco Vistas Consolidated June 2025 Net Sales at Rs 2,872.70 crore, up 8.96% Y-o-Y

Nuvoco Vistas Standalone June 2025 Net Sales at Rs 2,404.21 crore, up 9.18% Y-o-Y

Niraj Cement Standalone March 2025 Net Sales at Rs 166.61 crore, up 24.35% Y-o-Y

Nuvoco Vistas Consolidated March 2025 Net Sales at Rs 3,042.25 crore, up 3.71% Y-o-Y

Nuvoco Vistas Standalone March 2025 Net Sales at Rs 2,533.65 crore, up 1.63% Y-o-Y

UltraTech says subsidiary India Cements' performance to improve with efficiencies, price increases

UltraTech, after receiving approvals from the National Company Law Tribunal, took control of India Cements in late-December 2024, marking Q4 as the first full quarter of the latter being a subsidiary of the Aditya Birla Group firm

Niraj Cement Consolidated December 2024 Net Sales at Rs 119.77 crore, down 5.44% Y-o-Y

Small and mid-sized cement players struggle as market leaders tighten their grip

Although the industry anticipates an upward trend in cement prices, driven by rising rural consumption supported by improved farm cash flows, executives caution that intensifying competition could limit significant price gains.

India to get its first carbon market by mid-2026

The government will soon announce emissions intensity trajectory for nine 'hard-to-abate' sectors, which will have to be achieved in a staggered manner