JKLC's revenue grew by 12.8%YoY aided by healthy growth in realisation at 10.7%YoY while volume growth was ~2%YoY. EBITDA per ton improved to Rs729 from Rs410 YoY mainly supported by realisation growth while total cost increased by 3%YoY. JKLC has commissioned 20MW thermal power plant during Q1FY20 in Durg (East), expects cost saving of Rs40-50 by FY21E. Commissioning of new grinding unit in Orissa (0.8MT) is expected by the end of Q2FY20 which will support volume and cost saving. Pet coke prices have softened from the peak (Rs7,800 Vs Rs8,100 QoQ) and the benefit is expected in the coming quarters....