Cement companies are unlikely to report strong earnings growth in the second quarter of FY12. While the monsoon months are not the best for cement demand in India, stagnating infrastructure projects and sluggish demand in the real estate sector have hurt cement companies. The sector has been hit from all sides this year, as inputs prices have gone up sharply and demand has been steadily decelerating.
287
500
89
249
3699
6400
8510
12159
9020
0
338
700
772
1999