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    INDIACEM — India Cements News Story

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    Brief: India Cements Says Increasing Costs, Severe Competition Will Affect Margins Going Ahead

    Picture of India Cements logoIndia Cements
    20/05/2024 09:01
    May 20 (Reuters) - India Cements Ltd  ICMN.NS :
    * IMPACT FROM DROP IN CEMENT PRICES IN Q4 WAS 660 MILLION
RUPEES,
COMPARED TO Q3
    * OPERATING PARAMETERS OF POWER AND FUEL IN Q4 WERE KEPT
UNDER
CHECK
    * INCREASING COSTS INCLUDING LOGISTICS, SEVERE COMPETITION
WILL
AFFECT MARGINS GOING AHEAD

Source text for Eikon:  ID:nNSE74P01T 
Further company coverage:  ICMN.NS 

 ((reuters.briefs@thomsonreuters.com;))

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