India's cement industry is expected to achieve significant profit growth in the April-June quarter of 2025, with net profit growth expected to be between 30% and 80% year-on-year. High cement prices and improved sales volumes, particularly in the South and East, supported the industry's performance, despite early monsoon rains that affected volume growth. Analysts noted that companies such as UltraTech Cement, Shree Cement, Dalmia Bharat, ACC and Ambuja are expected to record strong results. From April to June
2025, the average price of cement in India hit a new high since December 2023, with prices rising sharply in the eastern and southern regions, with a price increase of 5 to 15 rupees per bag, effectively offsetting cost pressures. Cement shipments held steady despite the early arrival of monsoon rains, with industry leader UltraTech Cement reporting a 10% increase in its consolidated sales volume, indicating strong demand. In the
short term, some companies may achieve peak profit margins, while the medium and long-term outlook is promising as demand enters a favorable stage in the rest of the fiscal year. Government infrastructure spending and continued housing demand will drive industry growth. In addition, large enterprises support long-term profitability and pricing power by acquiring regional companies to achieve industry integration, expand market coverage and improve cost efficiency. The
cement industry demonstrated its ability to withstand seasonal and cost challenges from April to June, and is expected to continue to perform strongly throughout the year with infrastructure-driven growth.