Granules India has announced impressive financial performance for the first quarter ended June 30, 2024. Key Highlights: Net Profit: A significant 181% year-on-year surge to Rs 1,346 crore. Revenue: Increased by 20% to Rs 11,799 crore compared to the same period last year. EBITDA Margin: Improved by 600 basis points […]
Profit
Weak Demand and Prices: The overall cement industry witnessed slow volume growth and soft demand in Q1 . Squeezed Margins: Increased competition and rising input costs are expected to put pressure on profit margins . Even though revenue might hold up somewhat, profitability could be impacted. Industry Trend: Analysts predict […]