Revenue grew 11.6% YoY to Rs11 bn, EBITDA margin improved by 107bps while adjusted PAT increased 20.1% YoY to Rs1,008 mn. The company guided for 8-10% volume growth in FY17 and stable (12-15%) volume growth in FY18, while long term EBITDA margin to remain in the range of 14.5%-16.5%. We expect organised players to see significant benefit from demonetization and GST...