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India Cements narrows Q2 loss on revival in demand
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India Cements cuts quarterly loss sharply amid demand rebound and pricing gains.
India Cements reported a much smaller Q2 loss of ₹68.8 million compared to ₹3,390 million a year ago, driven by ~11% revenue growth and improved pricing. Domestic sales volumes rose ~12% quarter-on-quarter. The result signals recovery in construction demand as macro conditions ease. The stock saw modest buying after the numbers. Analysts expect focus will shift to cost control and margin recovery in the coming quarters.