Grasim consolidated net profit at Rs 549 cr in Q3
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.
Be the first to comment.