Income from operations amounted to Rs 235.36 crs ($34.9m) in Q3, a degrowth of ~9% 9% over the previous year (Rs 258.59 crs/$39.2m) due to demonetization, which impacted the dispatches of two wheeler industry, thereby reducing order flows from Fiem's major OEM customers, mainly from Honda Motors and Scooters (HMSI).. As a result, PAT of Q3 sharply declined by 42.2% (Rs.9.06 crs/$1.3m vs Rs15.67 crs/$2.4m in the same quarter last year); PAT declined by 8.3% in 9MFY17....