Construction players to witness moderation in revenue growth to 8-10% for FY2025 on construction activity slowdown

Suprio Banerjee, Vice President and Co-Group Head - Corporate Ratings, ICRA, said, “The fresh order inflows were modest in H1 FY2025, mainly due to the impact of the General Elections and the monsoons. Though the order-awarding activity has picked up from Q2 FY2025 onwards, the order inflows in FY2025e are likely to trail those seen in FY2024.”