Ambuja Cements witnessed the highest quarterly revenue of Rs 7,516 crore, marking a 1 per cent year-on-year (YoY) increase
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"We expect cement companies in our coverage universe (ex-Grasim) to report a 7.2 per cent YoY revenue decline for Q2FY2025, owing to weak realisations (down 8.7 per cent YoY) led by a dip in pan-India cement prices," the report says.
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