Indian cement maker ACC Ltd sees increasing costs weighing on its margins in the second quarter to June, a senior company official said on Tuesday.
"It is quite clear margins in Q2 will be under further pressure," Managing Director Sumit Banerjee said at a news conference.
"Given the current situation in the industry, ACC is under tremendous pressure as costs are going up ... not incrementally, but leap-frogging."
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"It is quite clear margins in Q2 will be under further pressure," Managing Director Sumit Banerjee said at a news conference.
"Given the current situation in the industry, ACC is under tremendous pressure as costs are going up ... not incrementally, but leap-frogging."
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