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