EBITDA was below our estimates at | 4408 crore (our estimate: | 7440 crore) due to higher-than0expected employee expense of | 4202 crore (our estimate: | 2139 crore) and entry tax provisions. However, GRMs during the quarter were at ~US$8.9/barrel, higher than our estimated GRMs of US$5/barrel on account of better operational performance and inventory gains of ~US$2/barrel PAT declined 6.9% QoQ to | 3720.6 crore and was largely in line with our estimate of | 3814.2 crore on account of higher other income of...