India cement margins seen slipping 150-200 bps in FY27 on higher energy costs: Crisil

Indian cement makers’ operating profitability is expected to weaken in fiscal year 27 (April-March), with margins seen falling 150-200 basis points year over year to 16%-18% as higher energy costs feed through to producers’ cost base, Crisil Intelligence said April 13. The margin compression would follow an expansion of 260-280 bps in FY26 to 18%-20%, Crisil, part of S&P Global, said. Power andIndian cement makers’ operating profitability is expected to weaken in fiscal year 27 (April-March), with margins seen falling 150-200 basis points year over year to 16%-18% as higher energy costs feed through to producers’ cost base, Crisil Intelligence said April 13. The margin compression would follow an expansion of 260-280 bps in FY26 to 18%-20%, Crisil, part of S&P Global, said. Power andRead More