ICICI Securities Ltd | Retail Equity Research Kewal Kiran Clothing's (KKCL) Q4FY17 revenues were marginally below our estimates. However, EBITDA and EBITDA margin were above our estimates. Higher other income on account of profit on redemption of fixed maturity plan bloated the overall net profit KKCL reported subdued revenue growth of 2.9% YoY to | 130.3 crore vs. I-direct estimate of | 136.5 crore. Total sales volume declined 4.7% YoY to 12.3 lakh pieces while blended realisations...