ICICI Securities Ltd | Retail Equity Research ACC's Q1CY17 numbers were above our estimates due to a higherthan-expected topline. The beat on the topline was led by 3.8% YoY increase in volumes to 6.6 MT, which came in as a positive surprise against 15.0% YoY decline in pan-India production volumes in the first two months of CY17 as per core industry data Revenues increased 7.9% YoY to | 3,099.7 crore (above I-direct estimate of | 2,631.7 crore) led by 3.8% YoY increase in volumes to 6.6 MT (above I-direct estimate of 5.6 MT) due to commissioning of...