AIA Engineering Ltd — earnings calls

AIA Engineering reported quarterly sales of 70,000 tons and full-year sales of 258,000 tons, with quarterly EBITDA of INR502 crores and full-year EBITDA of INR1,744 crores, both described as the highest ever for the company. Management said currency movements contributed INR65 crores to quarterly EBITDA and that realization for the full year should be considered around INR165 per kilogram going forward. The company also disclosed a successful trial of a new discharge-system solution at a large South American mine, which led to an order for a second mine conversion, while cautioning that it could not yet quantify the resulting volume growth.