Grasim consolidated net profit at Rs 549 cr in Q3
PTI: Mumbai, Jan 31 2013, 22:27 IST
surplus capacity in China, the VSF industry is expected to remain under pressure for some more time.
However, in cement, the long term demand is expected to grow by an average eight percent with housing, infrastructure and allied spending being key value drivers.
Industry capacity utilisation is likely to improve to 80 percent in FY 2016 as the pace of capacity addition will slow down. Input cost is likely to increase in line with the general inflation with margins remaining range bound.
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