TBK losses reduced: TBK segment's revenue fell 9% YoY (-3% QoQ) to INR4.15b (est. of INR4.54b), as the prior-year period included excise duty in revenues. Volumes increased YoY after declining in the previous quarters. EBIT loss in TBK reduced to INR50m from INR181m in 2QFY17. The segment recorded near EBITDA breakeven in the quarter. EBITDA hurt by lower realization, cost push: EBITDA rose 52% YoY (-51% QoQ) to INR376m, with the margin at 3.2% (-2.53pp QoQ; +1.1pp YoY). Cement costing increased led by higher power & fuel cost/t (higher petcoke...