Inline quarter; JP assets achieve cash breakeven UltraTech reported revenue growth of 31% YoY for 1QFY19, primarily on volume growth aided by JP assets' ramp-up (70% capacity utilisation). Blended realisations remained flat on a sequential and YoY basis. EBITDA/t declined by 20% primarily on cost escalations which was partially offset by better operating leverage. JP assets cash breakeven was achieved in 1Q and company is targeting PBT breakeven by 1QFY20. Management guidance for double digit growth going forward stems from demand improvement on infrastructure and affordable/rural housing segments. The company commissioned 1.75 grinding capacity...