Mumbai, May 12 -- "This came after three challenging quarters that had affected the entire industry. An uptick in demand and prices during the quarter led to better realization and a higher capacity utilization of 105% in the March quarter," the company said in a statement.

Though realization for the quarter at Rs 5,103 per ton was still marginally lower than the same period last year (Rs 5,178 per ton) owing to the changed geographical mix, consolidated revenue for the quarter at Rs 2,863 crore was 7% higher yoy. EBITDA per ton rose to Rs 1,014--one of the highest in recent years. It represents a growth of 5% yoy and 78% sequentially. The Cement Division's operating profit margin was 20% for the March quarter, compared to 18.6% in the s...