Author: Suyash Jain

Heidelberg Materials India’s cement sales volume increased 4% y-o-y to 1.30 mnt in Q1 from 1.25 mnt in the same quarter last year. Revenue rose 5% y-o-y to INR 628 crore, supported by volume growth. However, higher raw material, power, and fuel costs impacted profitability as EBITDA declined 25% on the year to INR 66.8…