JK Lakshmi Cements reported a mixed set of Q1FY18 numbers. Revenues increased 15.9% YoY to | 901.1 crore (above I-direct estimate of | 868.6crore) led by 8% YoY increase in volumes to 2.28 MT (vs. I-direct estimate: 2.3 MT) mainly due to healthy demand in east. Realisation also increased 7.4% YoY at | 3,949/t (vs. I-direct estimate: | 3,803/t) due to better pricing scenario in north However, EBITDA/tonne declined 5.2% YoY to | 527/tonne (below Idirect estimate: | 569/t). This was mainly led by higher power & fuel cost/t (up 46.2% YoY) due to a rise in pet coke prices that increased...