Q1FY20 revenue increased 12.8% YoY to Rs. 10,178cr, mainly supported by improved realised prices (+10.4% YoY to Rs. 5,699/t). Sales volume witnessed muted growth of 2.2% YoY to 17.9mt amid slowdown in demand. EBITDA per tonne rose 57.6% YoY to Rs. 1,590/t helped by higher realisations and lower costs. As a result EBITDA grew 61.1% YoY to Rs. 2,839cr. EBITDA margins expanded 840bps YoY to 27.9%, on better pricing, lower costs and positive impact from adoption of Ind AS 116. The company...