New Delhi [India], December 31 (ANI): Cement manufacturers are facing a challenging fiscal year as operating margins are expected to shrink by 170-220 basis points, settling at 15-16 per cent for FY2025, according to a CRISIL report. The decline is attributed to weaker pricing power and subdued demand, even though input costs are expected to […]
Lower realisation and weaker pricing power will hurt profitability of cement manufacturers in FY25: CRISIL
