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Business Standard
3 days ago
- Business
- Business Standard
Cement firms volumes grow, but realisations decline in Q4 amid weak pricing
In Q4 FY25, pan-India cement prices stood at ₹362 per bag, down by 3 per cent year-on-year Prachi Pisal Mumbai Listen to This Article The top Indian cement companies reported healthy sales volume growth in the March quarter of FY25 but a decline in their realisations amid weak pricing. In Q4 FY25, pan-India cement prices stood at ₹362 per bag, down by 3 per cent year-on-year. Quarter-on-quarter, prices grew by 2 per cent. South India was hit the most with a 10 per cent decline in prices, according to Crisil Intelligence. Excluding Shree Cement (whose blended realisation remained flat year-on-year), UltraTech Cement, Ambuja Cements, JK Cement, Dalmia Bharat, Ramco Cements, and Birla Corp posted lower realisations on a year-on-year basis.
Time of India
3 days ago
- Business
- Time of India
Home-cooked meals price marginally down in May as veggie rates cool
MUMBAI: The price of home-cooked meals came down marginally, supported by cheap vegetables, a report said on Thursday. The cost of a home-made vegetarian thali fell to Rs 26.2 from Rs 26.3 in April this year and Rs 27.8 in May last year, the 'Roti Rice Rate' report by an arm of Crisil said. Tired of too many ads? go ad free now The decline was sharper in the case of a non-vegetarian thali, which cost Rs 52.6 in May 2025 as against Rs 53.9 in April. The thali cost Rs 55.9 in May 2024, it said. "Going ahead, we anticipate an uptick in vegetable prices owing to seasonal variations and a slight easing in prices of wheat and pulses amid strong domestic output," Crisil Intelligence director Pushan Sharma said. Sharma added that the volume of rice meant for exports is expected to increase 20-25 per cent because of competitive pricing in the global market. The report attributed the decline in thali prices primarily to a 29 per cent drop on-year in tomato prices, a 15 per cent decrease in onion and a 16 per cent dip in potato prices. Last year, tomato prices had shot up on concerns of lower yields, potato prices had increased due to crop infestations in West Bengal, while lower rabi acreage and yield, along with low water availability in Maharashtra, Madhya Pradesh and Karnataka, had pushed up the onion prices, it said. The non-veg thali cost reduction was helped by a 6 per cent drop in the prices of broilers, which have a 50 per cent weightage on the overall cost, the report said, attributing the lower price of chicken to oversupply and lower demand amid bird flu reported in parts of Maharashtra, Andhra Pradesh, Telangana and Karnataka. The drop in thali cost would have been higher but for a 19 per cent on-year jump in vegetable oil prices due to a rise in import duty and a 6 per cent rise in the price of liquefied petroleum gas cylinders. Tired of too many ads? go ad free now Compared with April, potato prices rose 3 per cent and tomato by 10 per cent, while onion prices declined 10 per cent, due to which the cost of vegetarian thali was down marginally, the report said. There was a 4 per cent dip in broiler prices on-month as well, which had its impact on the costs, it said.
Time of India
3 days ago
- Business
- Time of India
Veg and non-veg thali costs decline by 6% each on year in May, says Crisil
The cost of home-cooked vegetarian and non-vegetarian thalis declined by about 6 per cent each year on year in May 2025. The decline was due to a sharp drop in prices of key vegetables led by high-base effect, said ratings agency Crisil in its latest Roti Rice Rate report. 'Tomato prices fell ~29 per cent to Rs 23/ kg from Rs 33/kg in May 2025 as concerns over yield had lifted prices last year. Prices of onion and potato declined 15 per cent and 16%, respectively, on year as potato prices had shot up last year due to crop damage following blight infestations and unseasonal rainfall in West Bengal, while onion prices had increased due to lower rabi acreage and yield, as water availability in key growing states – Maharashtra, MP and Karnataka was low,' the report said. 'Thali costs diverged marginally on-month in May 2025, with vegetarian thali holding steady and non-vegetarian thali becoming about 2 per cent cheaper. While tomato and potato turned dearer, prices of onion declined, keeping the vegetarian thali cost stable sequentially. The cost of non-vegetarian thali, however, eased due to a decline in broiler prices,' said Pushan Sharma, Director, Crisil Intelligence He added, 'Going ahead, we anticipate an uptick in vegetable prices owing to seasonal variations and a slight easing in prices of wheat and pulses amid strong domestic output. Meanwhile, rice prices are expected to rise, with a likely 20–25 per cent increase in exports because of competitive pricing in the global market.' A 19 per cent on-year jump in vegetable oil prices due to a rise in import duty and a 6 per cent on-year rise in the price of liquefied petroleum gas cylinder prevented a further drop in thali cost, said Crisil. Along with lower vegetable prices, an estimated 6 per cent on-year decline in the price of broiler made non-vegetarian thalis cheaper. 'The decline in prices of broiler — which makes up about 50 per cent of the non-vegetarian thali cost — was due to oversupply and lower demand amid bird flu reported in parts of Maharashtra, Andhra Pradesh, Telangana and Karnataka,' the report said. 'On-month, the cost of a vegetarian thali remained stable, while that of non-vegetarian thali reduced nearly 2 per cent in May 2025. Potato and tomato prices rose 3 per cent and 10 per cent on-month, respectively, while onion prices dipped 10%, thereby keeping the vegetarian thali cost unchanged on month. An estimated 4 per cent month on month decline in broiler prices contributed towards the decline in the non-vegetarian,' said Crisil. 'The average cost of preparing a thali at home is calculated based on input prices prevailing in north, south, east and west India. The monthly change reflects the impact on the common man's expenditure. The data also reveals the ingredients (cereals, pulses, broilers, vegetables, spices, edible oil and cooking gas) driving the change in the cost of the thali,' the report said. A veg thali comprises of roti, vegetables (onion, tomato and potato), rice, dal, curd and salad. A non-veg thali has the same elements, except dal, which is replaced by chicken (broiler); broiler prices for May 2025 are estimated figures; weightage of ingredients does not vary based on volatility in commodity price.
Hans India
3 days ago
- Business
- Hans India
Home-cooked veg, non-veg thalis get cheaper in May as food inflation cools: Crisil
New Delhi: The cost of home-cooked vegetarian and non-vegetarian thalis declined by 6 per cent each (year-on-year) in May due to a sharp drop in prices of key vegetables led by a high-base effect, a Crisil report showed on Thursday. On a monthly basis, the cost of a vegetarian thali remained stable, while a non-vegetarian thali reduced by 2 per cent last month. Tomato prices fell 29 per cent to Rs 23 per kg from Rs 33 per kg in May as concerns over yield lifted prices last year. Prices of onion and potato declined 15 per cent and 16 per cent, respectively, on-year, according to the 'Roti Rice Rate' (RRR) report. Potato prices had shot up last year due to crop damage following blight infestations and unseasonal rainfall in West Bengal, while onion prices had increased due to lower rabi acreage and yield, as water availability in key growing states – Maharashtra, Madhya Pradesh and Karnataka – was low. The average cost of preparing a thali at home is calculated based on input prices prevailing in north, south, east, and west India. The monthly change reflects the impact on the common man's expenditure. The data also reveals the ingredients (cereals, pulses, broilers, vegetables, spices, edible oil and cooking gas) driving the change in the cost of the thali. "Thali costs diverged marginally on-month in May 2025, with vegetarian thali holding steady and non-vegetarian thali becoming 2 per cent cheaper. While tomato and potato turned dearer, prices of onion declined, keeping the vegetarian thali cost stable sequentially," said Pushan Sharma, Director-Research, Crisil Intelligence. The cost of non-vegetarian thali, however, eased due to a decline in broiler prices. An estimated 4 per cent on-month decline in broiler prices contributed towards the decline in the non-vegetarian thali cost. 'Going ahead, we anticipate an uptick in vegetable prices owing to seasonal variations and a slight easing in prices of wheat and pulses amid strong domestic output,' said Sharma.
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Business Standard
07-05-2025
- Business
- Business Standard
Cost of home-cooked thalis declines in April as food prices cool
Home-cooked meals became cheaper in April, as the cost of both non-vegetarian and vegetarian thalis cooled during the month, according to the latest report released by credit rating agency Crisil on Wednesday. The price of a vegetarian thali declined month-on-month by nearly 1.2 per cent to Rs 26.3 in April from Rs 26.6 in March, owing to a fall in the prices of onion (14 per cent) and potato (2 per cent). The price of tomato (1 per cent), however, rose slightly during the month. Similarly, the price of a non-vegetarian thali declined month-on-month by nearly 2 per cent to Rs 53.9 in April from Rs 54.8 in March, due to a drop in broiler prices amid lower demand caused by bird flu concerns in southern India. This comes amid expectations of a further decline in India's consumer price index (CPI)-based retail inflation in April, due to easing prices across various goods categories, especially food items. In March, retail inflation had fallen to a nearly six-year low of 3.34 per cent. Meanwhile, on a year-on-year basis, the report showed that non-vegetarian thali prices declined 4.3 per cent due to an estimated 4 per cent fall in broiler prices, which comprise nearly 50 per cent of a non-vegetarian thali's cost. The dip in broiler prices was attributed to oversupply and weak demand amid bird flu reported in Maharashtra, Andhra Pradesh, Telangana and Karnataka. On the other hand, the price of a vegetarian thali declined by nearly 4 per cent year-on-year due to a sharp drop in tomato and potato prices. 'A 19 per cent on-year jump in vegetable oil prices due to a rise in import duty and a 6 per cent on-year rise in LPG cylinder prices curtailed a further decline in the cost of both thalis,' the report noted. Pushan Sharma, director–research, Crisil Intelligence, said that going ahead, wheat and pulse prices are expected to moderate amid strong domestic output, and edible oil prices are also likely to soften over the next two to three months as global supplies pick up, mainly from Argentina, Indonesia and Malaysia. 'Rice prices, though, are expected to inch up with a projected increase in exports. And among vegetables, onion prices are likely to be rangebound, while tomato prices are forecast to rise on account of seasonality,' he added. Crisil calculates the average cost of preparing a thali at home based on input prices prevailing in north, south, east and west India. The monthly change reflects the impact on household expenditure. The data also reveals the ingredients—cereals, pulses, broilers, vegetables, spices, edible oil and cooking gas—driving the change in thali cost.
