Rising fuel costs likely to weigh on cement makers' Q1 earnings

Rising fuel and freight costs are impacting cement producers' profitability. Demand saw a seven to eight percent increase due to dry monsoon conditions. Analysts expect earnings before interest, tax, depreciation, and amortisation to decrease. Companies are shifting focus to cost mitigation and price hikes. Sustainability of these price increases remains a key factor to monitor.

Raccontata daeconomictimes.indiatimes.com