Cement makers expected to see strong volumes in September 2026 quarter, but fuel costs may weigh on margins

The Economic Times reports cement makers are likely to see healthy volume growth in the September 2026 quarter, supported by improving demand and added capacity. It expects UltraTech Cement and JK Cement to lead volume growth, but says higher operating costs, especially fuel, could leave profitability at its lowest in nearly two years. Companies raised prices by ₹15–20 per 50 kg bag, while costs rose by at least ₹200 per tonne.