Cost rises impact cement firms in March quarter
B G Shirsat / Mumbai May 6, 2010, 1:07 IST
Increases in input cost have impacted operating margins of cement companies in the quarter ended March 31, down 187 basis points (bps) year-on-year despite an average price hike of Rs 30-80 a bag from the lows of the third quarter. They are lower by almost 800 bps over the hefty margin of 26.7 per cent achieved in the quarter ended June 2009.
Publication Date:
06/05/2010