ACC’s Q4FY24 EBITDA grew 79% YoY (down 8% QoQ) to Rs8.4bn, which was~4% higher than our estimate. On a sequential basis, EBITDA/t declined byRs215 to Rs802 (Emkay: Rs820), mainly on account of weak blendedrealizations that fell by Rs341/t in Q4FY24.