Standalone revenues for Q4FY17, which includes Westside and Landmark formats, grew 19.7% YoY (up 5.6% QoQ) to | 454.1 crore (Idirect estimate: | 436.4 crore) Better inventory management has led to a 50 bps improvement in gross margins to 48.8% vs. 48.3% in Q4FY16. In addition to the same, a decline in other expenses to sales ratio (22.5% vs. 25.2% in Q4FY16) led to an expansion of 174 bps YoY in EBITDA margins to 3.1% (Idirect estimate: 2.4%). Subsequent to the steep improvement in EBITDA margins, absolute EBITDA nearly trebled to | 14 crore vs. | 5 crore in Q4FY16 (I-direct estimate: | 10.4 crore)...