Shree Cement is latest to report a decline in quarterly profit
The company has recorded an almost 25% reduction in profit after tax, attributed to increased financial and ‘other’ costs.
The company has recorded an almost 25% reduction in profit after tax, attributed to increased financial and ‘other’ costs.
The Builders Association of India (BAI) has called upon the state to intervene in rising cement prices, as construction projects all over the region are cut short due to high costs.