New Delhi, Aug. 12 -- Cement companies wrapped up the June quarter with a solid performance, driven by higher realizations following price hikes and robust volume growth, with most companies reporting double-digit volume growth aided by a low base during last year's election period, an upswing in commercial activity, and a ramp-up in government project execution.

A drop in operating costs also contributed to a sharp rise in EBITDA per tonne. The volume growth was led by Ambuja (16.5%), UltraTech Cement (15.3%), JK Cement (14.3%), and Sagar Cements (11.5%), supported by a rebound in demand.

Shree Cement's volumes, however, declined by 7.2% due to geopolitical tensions in the northern region. Dalmia Bharat (-5.4%) was impacted by the disc...