For Q4FY23, BIL reported revenue of INR 23,170 mn (-2.4% YoY/ +7.0% QoQ). Sales volume was 72,676 MT, which was a decline of 5.8% YoY but an improvement of 9.3% QoQ. The Average Selling Price (ASP) per MT was higher by 3.6% YoY but contracted by 2.1% QoQ.