Cement Sector: Q3 ( Oct – Dec ’16 ) Numbers and Analysis

CEMENT Sector:

Q3 was disappointing for the Cement sector.

Only a few companies were able to show decent profit numbers, while revenues were not so encouraging.

As far as numbers are concern, the profits of two companies were down in the range of 53% to 86%, while revenues were flat to negative.

Market leader “Ultratech Cement” has posted 6% jump in profits and the revenues were down about 2%.

The star performer in the sector for the quarter ended 31 December 2016 was “Dalmia Bharat” “Ramco Cement” range and “India cement” where the profits of the companies were up in the range between 10% to 29% and revenues were up between 15% to 18%.

Here is the data:

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