New Delhi, April 21 -- Companies are resorting to staggered price hikes to combat rising input cost inflation and protect margins. The impact of these increases is likely to reflect in June quarter (Q1FY27) earnings, but further hikes cannot be ruled out-especially if crude oil prices remain elevated.

The West Asia war has triggered a spike in crude oil prices and LPG shortages. Given the strong linkage of crude derivatives to packaging, logistics, raw materials and supply chains, multiple sectors are feeling the heat.

Cement squeeze

Cement is among the first to respond.

Average pan-India cement prices have edged up by Rs.10-12 per bag so far in April, showed dealer channel checks by Emkay Global Financial Services. The cost of procur...