Cement & Cement Products company Heidelberg Cement India announced Q1FY25 results: Revenue decreased by 11% YoY driven by lower volume by 6% and price reduction by 5%. On a per tonne basis, total operating cost including freight decreased by 4% YoY primarily due to a lower fuel prices. The decrease in operating cost was partially offset by lower prices resulting in EBITDA of & 690 per tonne, a decrease of 11% YoY. The Company started receiving Wind-Solar hybrid power under long term power purchase agreement at its clinker plant in Narsingarh and grinding plant at Imlai, green power share increased to 38%. The Company increased its share of alternate fuel to 11%. As at June 30, 2024, the cash & bank balance stood at Rs 6,264 million as against interest- free borrowings of Rs 1,381 million, resulting in net cash of Rs 4,883 million. Result PDF