ICRA expects the operating profitability of Indian cement companies to moderate in FY27 due to higher power, fuel, freight and packaging costs amid geopolitical tensions in West Asia. Operating profit per tonne is projected to decline to ₹820-870 in FY27 from an estimated ₹950-980 in FY26, though partial price hikes may cushion the impact.
Source link
Cement companies' operating profit may decline 10-15% in FY27: ICRA
