Star Cement · tone and specificity signals across the available quarters.
Language signals
The GST rate was reduced from 28% to 18%... in quarter one alone 40 crores was a hit because of that. If we actually exclude that hit of 40 crores then I think we were positive a bit in terms of percentage in absolute terms.
I don't think it's because of the competition and I don't think we've lost any market share in northeast compared to last quarter or same quarter last year.
The fuel cost in Q4 was about 1.33 which has gone up to 1.55. We expect in Q2 onwards the cost should come down to about 1.45.
We'll have to make sure and have the patience and the willpower to create a brand in the long run and not and discounting and selling and just trying to get done with the volume is not the answer to that.
The overall capex for these four projects is about 4,800 crores total and broadly this all should be commissioning in FY29 or second half of FY29.
Going in the future I think we do expect like 1,300 to 1,500 to be the range for EBITDA per ton for Star Cement specifically, but North I thought you asking specifically for North.
I think there will be a significant pressure in the market right because everyone will be running for the same capacity and the market is relatively small right so even a million plant in a big market makes a big impact.
I think in this year, I think for the next three years till when we get the Rajasthan project I think the EBITDA should be between 15 to 1700 right at least and once we get the Rajasthan of course for the first one year because we'll be absorbing fixed cost... I think in the longer run we should be able to maintain it at about 1,300-1,400.
We will start like creating brand awareness at least about 8 months before we actually start the commercial productions. Any planning that we do before that may be a bit premature.