India Cements reported a larger net loss of ₹240 crore for Q2 FY2024, up from ₹81 crore last year, due to falling cement prices and low demand. For the first half of the year, the company posted a loss of ₹203 crore. Despite a 17% increase in volumes from Q1, lower prices and weak market conditions caused significant pressure on margins, resulting in a negative EBITDA of ₹154 crore.