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Investor Presentaiton

100 Logistics cost trends Logistics Costs (Rs/t) 1,166 1,169 (-) 2% 1146 Sequential costs decrease 2% due to: Full benefit from axle load relaxation Reduction in diesel prices 7% (Gain: Rs.15/t) Increased movement through railways Costs increased somewhat owing to: A marginal increase in lead distances while servicing far-flung markets Q4 18 Q3 19 Logistics Costs v/s Diesel Prices Q1 17 Crude Prices Q4 19 149 137 138 126 108 106 Q4 Q3 Q4 18 19 19 Diesel Prices (index) -Logistics Cost (index) Note: Performance represents India operations - Grey Cement Y-o-Y costs drop 2%...benefit from: Optimisation of lead distances 4 % Benefits of axle load relaxation norms: 2% Cost benefits were partly negated due to: - Increased diesel prices: 4% UltraTech Cement Limited 18
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