Latest Star Cements Financial Highlights
Star Cement’s Q4 results are out and they have posted quite good figures. Highlights are given below.
1. EBITDA/ton stood at Rs1,426.
2. Home markets for Star Cements, ie., the North-East (NE) markets contributed 74% of sales volumes vs. 75%/71% in Q4FY19/Q3FY20.
3. Volume growth of 4.2% yoy led by higher volumes in the East and NE markets.
4. Realization growth of 5% qoq as cement prices improved in Q4.
5. May ’20 volumes were 90% of last year’s volumes and June ’20 volumes are almost same as the last year.
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