The company stated that it has achieved significant improvements in all financial matrices.
Revenue from operations increased 8.32% year on year (YoY) to Rs 4,914.36 crore in the quarter ended 31 December 2023.
Clinker & cement sales volume increased by 17.11% YoY at 8.9 million tonne during the December 2023 quarter. Ready mix concrete registered 16.46% YoY decline in volume to 0.66 million cubic meters, during the period under review.
During the third quarter, power and fuel expenses stood at Rs 1,015.36 crore, down 10.16% YoY.
In Q3 FY24, EBITDA surged to Rs 905 crore from Rs 379 crore posted in corresponding quarter previous year while EBITDA margin improved to 18.4% from 8.4% posted in Q3 FY23.
On outlook front, the cement maker stated that the Cement demand in Ind...
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