22 January 2019 clinker increased ~11.4% YoY to 5.93mt (in line with est.) led by healthy growth from the eastern region. Realizations increased ~4.4% YoY /1.1% QoQ to INR4,315 (in line with est.), while revenues stood at INR27.8b, +21% YoY (est. Cement revenue stood at INR25.6b (+16% YoY), while Power revenues stood at INR2.2b (2.15x YoY).