Q1FY20 revenue grew by 8%YoY supported by 7.8%YoY growth in blended realisation while volume growth was flat due to election. EBITDA per ton improved to Rs1,464 Vs Rs1,160 YoY supported by better realisation and reduction in costs. Raw material, fuel and freight costs have softened during the quarter. DBL has received NCLT approval for its Resolution Plan for the acquisition of Murli Industries (3.1MT in Maharashtra). The recent acquisition (Kalyanpur cement-1.1MT) saw a capacity utilisation of 45% in Q1FY20. Expansion of ~7.8MT in East is on track. 50% of grinding capacity is...