Cement Companies Likely to Report Profit Boost Amid Price Gains

Year-on-year (Y-o-Y) gains in cement prices and demand, supported by a low base, are expected to bolster the profitability of leading cement companies in the first quarter of FY26 (Q1 FY26), despite seasonal softness due to the monsoon in June.

- PRACHI PISAL

"Realisations are expected to inch up 1-2 per cent sequentially and Y-o-Y, driven by the increase in cement prices," said Sehul Bhatt, director at Crisil Intelligence.

According to Elara Capital, the average pan-India cement prices rose approximately 6 per cent Y-o-Y and 3 per cent quarter-on-quarter (Q-o-Q) in Q1 FY26 to ₹377 per bag. The Y-o-Y increase reflects a rebound from Q1 FY25, when prices declined by about 4 per cent. However, prices softened in June 2025 with the onset of the monsoon.