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ICRA: Cement industry saw a 9% increase in consumption and an 8% increase in prices in May 2025
ICRA: According to the report of rating agency ICRA, cement consumption in India has increased by 9 percent to 39.6 million metric tonnes. At the same time, prices have also increased by 8 percent. In May 2025, the price of a 50 kg bag increased to Rs 360.
The cement industry registered a growth of 9% on an annual basis in May 2025. This information has been given in the latest report of the rating agency ICRA. According to the report, cement consumption has increased to 39.6 million metric tons (MT), while average cement prices have also increased by about 8%.
It was reported that despite low sales, the cement industry increased the price of a 50 kg bag by 8% to Rs 360 in May 2025, whereas in FY 2025, this price was Rs 340. This was 7% lower on a year-on-year basis. However, the first two months (April and May) of the current financial year have seen a 7% year-on-year increase in prices.
In addition, the report states that operating margins have also improved due to stability in input costs. This is due to low energy prices of coal and petcoke and stable diesel prices.
