Operating performance: Blended realization declined by Rs 300/ton (7%) QoQ at Rs 4,520/ton on correction in cement prices across states especially Andhra Pradesh/ Telangana. Operating cost was flat QoQ at Rs 3,400/ton. EBITDA/ton was Rs 1,124 (vs. Rs 1,480 in Q3FY17 and Rs 1,630 in Q4FY16).