Asia & Pacific Rim - 13 August 2015

N Srinivasan expects price stabilisation in the cement industry to now occur and market conditions to recover by January 2016.

Proposed ASTM standard will measure electrical resistance of fresh concrete.

The drop in profit is attributed to losses in the Indian company’s cement and Mumbai metro businesses.

India Cements achieved net profit of Rs.40.10 crore in the June quarter, having reported a loss of Rs.2.96 crore in the same period last year.