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ITD Cementation India Q2 Results Review - Mixed Quarter; Raw Material Inflation Dents Margins: Yes Securities

Commodity inflation is expected to cool off in the coming quarters, margin is expected to move into lower double digits in FY24E.

<div class="paragraphs"><p>Construction project NH 24 Bypass &amp; NH 58 – Gaziabad Nodia carried out by ITD Cementation Ltd. (Source: Company website)</p></div>
Construction project NH 24 Bypass & NH 58 – Gaziabad Nodia carried out by ITD Cementation Ltd. (Source: Company website)
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