💨 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