ICRA projects the volumes of the domestic MCE industry to decline in FY2025 following two consecutive years of strong growth viz. 26% in FY2023 and 24% in FY2024e. The reversal in this growth trend will be driven by a slowdown in the new project award activity in Q4 FY2024 and Q1 FY2025, as the Model Code of Conduct will remain in force during the Parliamentary Elections in April-May 2024 (till the announcement of results on June 4, 2024). Additionally, the aggregate revenues for ICRA's sample set companies are expected to contract by 9-12% and operating margins by 100-150 basis points in FY2025.
Diese Geschichte stammt aus der May 2024-Ausgabe von Construction Week.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent ? Anmelden
Diese Geschichte stammt aus der May 2024-Ausgabe von Construction Week.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent? Anmelden
PROOF IS IN THE ROOF
Roofing, cladding and waterproofing are not concerns that you constantly need to spend on, if you get it first time right
SAVE YOURSELF
Green buildings are the way to go if you want to live a healthier life and also save the environment
THE LONG VIEW
Facades, fenestration and cladding are now more high-end and sophisticated. What has evolved?
PRUDENT PURSUITS
Ajay Ashar, CMD, Ashar Group, is known for his meticulous approach and commitment towards his projects that help him stand out among peers in the competitive real estate market
MACE TO TRANSFORM AHMEDABAD RAILWAY STATION
The redevelopment project covers almost 40 hectares
RITES INKS PACT WITH BANGLADESH RAILWAY
Rites has been a old partner in Bangladesh's path to infrastructure development
K RAHEJA CORP HOMES' MAIDEN VENTURE IN SION
Will feature 3, 3.5, and 4-bed homes with decks
GODREJ JARDINIA HITS RS 2,000 CRORE BOOKING VALUE!
Sector 146 is a prominent upcoming residential corridor in Noida
TRIFECTA PROJECTS UNVEILS TRIFECTA VANTO
Is located in the prime area of Sarjapur Road
KANODIA GROUP TARGETS RS 1000 CR REVENUE
The location of the acquired land is considered prime
