Large cement companies reported volume growth in the March 2025 quarter and anticipate improved performance in fiscal 2026.Key cement firms like UltraTech, Ambuja Cements, ACC, Shree Cements, and Dalmia Bharat maintained 7 to 7.5% growth in the industry for 2025.Despite positive growth, concerns exist over geopolitical tensions and changing trade dynamics.Cement makers saw volume gains ranging from 3.5% to 10% in the March quarter with enhanced capacity utilization.While input costs like coal, petcoke, and diesel were lower, sales realizations faced challenges.Average cement prices in India were around Rs 350 per 50 kg bag in March 2025.Cement prices in fiscal 2025 declined by 7% year-on-year to Rs 340 per bag, reflecting market trends.Operating margins for cement companies are expected to improve in fiscal 2026, aided by slight price hikes and stable input costs.The industry is experiencing consolidation, with larger players acquiring smaller firms for growth.Key players like UltraTech, Ambuja Cements, and Shree Cements reported significant sales volumes and strategies for growth in fiscal 2026.