ICICI Securities Ltd | Retail Equity Research Mangalam Cement reported weak Q4FY18 results. Revenues increased 18.6% YoY to | 304.2 crore (above I-direct estimate of | 290.7 crore) mainly led by 13.5% YoY increase in volumes to 0.79 MT (above I-direct estimate of 0.74 MT) and realisation growth of 4.5% YoY to | 3,875 (vs. I-direct estimate of | 3,928) EBITDA/tonne declined 61.8% YoY to | 148/t (below I-direct estimate of | 510/t) mainly due to higher power cost (up 80.4% YoY driven by...