Cement & Cement Products company Kesoram Industries announced H1FY24 results: 1. Record Sales Volume: Kesoram Industries achieved a record sales volume of over 3.73 million tonnes for the H1FY24, surpassing the 3.19 million tonnes recorded in the previous year. This reflects the company's strong growth and market demand for its products. 2. Improved EBDITA: Despite higher costs, Kesoram Industries reported an improved EBDITA (Earnings Before Depreciation, Interest, Tax, and Amortization) of Rs 216 crore for the H1FY24, compared to Rs 138 crore in H1FY23. This indicates effective cost management and operational efficiency. Product Innovation: Introduction of Eco-friendly Green Concentrate, called "Super Plast" for plastering and tile fixing. This product has gained popularity in the market due to its value for money and significantly lower carbon footprint compared to blended cement. P. Radhakrishnan, Whole-time Director & CEO said, "we are pleased with our strong sales volume growth and improved financial performance in the first half of FY24. This demonstrates the effectiveness of our strategic initiatives and our dedication to meeting customer needs. We remain committed to delivering sustainable and innovative products to the market." Gautam Ganguli, Company Secretary said, "our introduction of the eco-friendly green concentrate reflects our commitment to environmental sustainability. We believe that sustainable and responsible manufacturing practices are crucial in today's world, and we are proud to contribute to a greener future." Result PDF