Had read somewhere that the biggest "business" edge of Gautam Adani is his obsession with cost reduction.

Seeing it live in this interesting data via GoIndiastocks. Table below shows sequential cost change (Rs per tonne) in Q3 over Q2 for Cement companies.

$Ambuja Cements Ltd
Saving of Rs 167/t for freight
Saving of Rs 539/t for Energy
Saving of Rs 100/t for royalty paid to erstwhile promoter Holcim

So total cost saving delivered in a quarter is approx Rs 800/ton on ~40 Million Ton capacity. The maths is Rs 320 crores savings annually so far.

Similar change seen in $ACC Ltd

$UltraTech Cement Ltd far away from catching up.

Thought would share - @Swapnil Kabra @Saurabh Prabhu @Ashish Jain @pratik2358