ICICI Securities Limited
EBITDA/t to decline 15.7% YoY on high costs Petcoke and international coal prices are up 25-30% on a QoQ basis. Also, average diesel prices are up ~25% YoY leading to a rise in average freight costs per tonne by ~| 45-50/t on a QoQ basis. With freight & power comprising over 50% of cost, we expect total production cost to increase by | 247/t QoQ to | 4,4,88/t (up 15.9% YoY, 5.8% QoQ). Hence, we expect...
ICICI Direct released a Sector Update report for Brokerage Research Reports on 22 Sep, 2025.
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