New Delhi: The operating profitability of Indian cement companies is expected to decline by 10 -15 per cent in FY27 due to elevated power, fuel and selling costs triggered by ongoing geopolitical tensions in West Asia, according to a report from rating agency ICRA.
However, part of the impact is likely to be mitigated by an increase in cement prices, as selling costs go up by 6-8 per cent compared to a 10-12 per cent rise in power and fuel costs due to crude-linked cost pressure.
