SRFs 4QFY17 revenue came in at Rs 13.3bn ( 19% YoY), owing to strong growth in Technical Textiles (23%) and Packaging (26%). Lower margins across segments led to EBITDA margin of 16.3% (-393bps). EBITDA was muted at Rs 2.2bn (-4%). Lower interest cost and higher other income boosted PAT to Rs 1.3bn ( 16%).