Cement producers expect net profit declines in the December quarter, leading to earnings downgrades. Despite a 7-8% increase in sales volumes, revenues will remain flat. Ebitda for these companies may drop by 20-30%, while some profits could decline by 30-60%. Larger producers like UltraTech Cement and Ambuja Cements may fare better.
Energy, telecom continue to draw foreign flows in Nov
Foreign investors injected significant capital into India’s energy and telecom sectors in the latter half of November, continuing a trend from earlier in the month
December 10, 2025