Revenue from operations grew by 12.9% year on year (YoY) to Rs 5,408.72 crore in the quarter ended 31 March 2024.
Clinker & cement sales volume increased by 23.5% YoY at 10.4 million tonne during the March 2024 quarter. Ready mix concrete registered a decline of 7.04% YoY in volume to 0.66 million cubic meters, during the period under review.
Profit before tax in fourth quarter of FY24 soared 167.10% to Rs 885.04 crore from Rs 331.35 crore recorded in corresponding quarter previous year.
In Q4 FY24, operating EBITDA increased 78.46% to Rs 837 crore from Rs 469 crore posted in same quarter last year while EBITDA margin improved to 15.5% from 9.8% posted in Q4 FY23.
On outlook front, the cement maker said that cement industry remains positive...
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