💨 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
What It Takes to Build a Brand Ft. Khamsang Phukon and Shalini Sharma on Brand Ki Baat by NewsReach
Ticket to Bollywood: Rakesh Maharaj and Ankkitha Maithy's Grand Press Conference in Durban
Government e-Marketplace facilitates hiring of over 1 million manpower resources in 2024-25
Airtel, Nokia expand collaboration to speed up 5G service delivery
Karan Aujla Joins Sony India, Elevating the Ultimate Audio Experience
Satish Salian arrives at Bombay High Court for first hearing of daughter Disha's death case
TN CM Stalin seeks appointment with PM Modi to press for 'fair delimitation'
Indian Navy seizes 2,500 kg narcotics
Delhi court orders FIR against firm for forging signature
TN Assembly passes resolution seeking retrieval of Katchatheevu islet
Powered by MessengerX.io