Wenesh Katwa
Chairman
Notable Quotes
Our biggest strategic advantage is close proximity to the consumption market which reduces logistic cost, and being located at the Karnataka-Maharashtra border.
Even at 30% capacity utilization we are able to make substantial EBITDA and cash profits. Our break-even point is probably the lowest in the industry, maybe less than 20%.
In spite of the increase in fuel prices and sales price remaining flat, EBITDA per ton increased significantly, which indicates structurally there has been a lot of improvement after we put up a new kiln.