ICICI Securities Ltd | Retail Equity Research Revenues declined 5% YoY to | 3554 crore (I-direct estimate: | 3632 crore) mainly due to 19% decline in US sales to | 1535 crore (I-direct estimate: | 1610 crore) led by increased competition in key products coupled with discontinuance of McNeil contract EBITDA margins declined 643 bps to 15.1% (I-direct estimate: 21.3%) mainly due to a sharp decline in gross margins by 549 bps to 51.2% (I-direct estimate: 56%) led by one-offs...