India’s five largest listed cement producers sold 78.44 million tonnes (mnt) in Q1FY’27, up 5% y-o-y from 74.85 mnt a year earlier, supported by continued infrastructure spending, housing demand and improving project execution. However, sales declined 8% q-o-q from 85.16 mnt in Q4FY’26 as monsoon-related seasonality slowed construction activity and cement dispatches. UltraTech Cement, Dalmia Bharat and Nuvoco Vistas reported year-on-year volume growth during the quarter, while Adani Cement and Shree Cement recorded lower dispatches.
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