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Lower sales realisation hit margins of cement makers in Q2

By Economic Times - 3 weeks ago
Major cement manufacturers saw a decline in margins in the September quarter due to lower prices and weak demand. While UltraTech, Ambuja, and Dalmia Bharat reported growth in sales volumes, other players like Nuvoco Vistas, JK Cement, and Birla Corporation faced declines. Industry challenges included extended monsoon, floods, and slow government demand.

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