India: Birla Corporation has overcome sand supply issues to see its sales and cement volumes rise in its financial year to the end of March 2018. The group overcame a restriction on sand mining in Uttar Pradesh and Bihar in the first nine months of the year, according to the United News of India. Its sales revenue grew by 19% year-on-year to US$878m from US$736m. Its cement sales volumes rose by 23% to 12.4Mt from 10Mt. Earnings before interest, taxation, depreciation and amortisation (EBITDA) rose by 14% to US$128m from US$113m.
Birla Corporation’s sales rise
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