💨 Abstract
Dalmia Bharat, India's fourth-largest cement maker, signaled optimism about cement demand and prices, expecting a stronger performance in upcoming quarters. Despite a 77% drop in Q3 net profit and a 12% revenue decline, the company's finance chief expressed confidence due to improving cement prices and increased demand. Cement prices bottomed out in October and continued to improve, with analysts predicting sustained pricing growth.
Courtesy: theprint.in
Summarized by Einstein Beta 🤖
Suggested
IDF strikes Syrian bases in Hama, Damascus
Eleven more Ukrainian children return home from Russia, Russian-held areas
Israel strikes military bases, infrastructure in Syria
Trump announces 10% tariff on all countries, effective April 5
Brazil announces auto industry executive as COP30 climate champion
Putin envoy Dmitriev, Trump envoy Witkoff meet in Washington
Auto Workers for Trump founder Brian Pannebecker backs President's tariffs
"All lines crossed in Gaza": UNRWA Commissioner-General
Dozens of Palestinians killed, wounded in Israeli bombing of Gaza Strip
Austria taking preventive measures to counter risk of foot-and-mouth disease
Powered by MessengerX.io