ICICI Securities Ltd | Retail Equity Research Revenues sequentially de-grew 7% QoQ (down 5.1% YoY) to | 898 crore (I-direct estimate: | 861 crore). A sustained recovery in Baltic Dry Index (BDI) led bulk segment revenues to nearly double to | 66.3 crore (vs. | 36 crore in Q4FY16). In addition to the same, a revival in the container market also led to revenue growth of 41% to | 133 crore in its liner division. The outperformance was completely offset by a weakness in tanker markets, which forms 72% of its total revenues...